With regards to the Hill Country Snacks Food Co. Case The following questions are : 1) Describe Hill Country's operating strategy. How does this strategy impact the company's business risk, and how does it impact the company's financial strategy? 2) What capital structure (debt-to-capital ratio) would you recommend for Hill Country Snack Foods, and why? What is the impact of issuing debt and repurchasing common stock (Exhibit 4)? Why should the company change its capital structure? Focus Question 3) What are the sources of the benefits from debt, and how large are these benefits