Recent balance sheet information for two companies in the food industry, Mondelez International, Inc., and...
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Accounting
Recent balance sheet information for two companies in the food industry, Mondelez International, Inc., and The Hershey Company, is as follows (in thousands):
Mondelez
Hershey
Net property, plant, and equipment
$8,482,000
$2,130,294
Current liabilities
16,737,000
2,418,566
Long-term debt
12,532,000
3,254,280
Other long-term liabilities
7,747,000
622,908
Stockholders' equity
25,713,000
1,407,266
a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place.
Mondelez
fill in the blank 1
Hershey
fill in the blank 2
b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round your answers to one decimal place.
Mondelez
fill in the blank 3
Hershey
fill in the blank 4
c. Although uses more debt, it has creditor protection and borrowing capacity.
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