Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities 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.
Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities 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.
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter4: The Accounting Cycle
Section: Chapter Questions
Problem 2MAD: Analyze and compare Zynga, Electronic Arts, and Take-Two Data (in millions) from recent financial...
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Ratio of Liabilities to
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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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