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Business
AccountingSurvey of Accounting (Accounting I)8th Edition

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Chapter 9, Problem 9.15E
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Survey of Accounting (Accounting I)

8th Edition
Carl Warren
ISBN: 9781305961883

Solutions

Chapter
Section
Problem 1SEQ
Problem 2SEQ
Problem 3SEQ
Problem 4SEQ
Problem 5SEQ
Problem 1CDQ
Problem 2CDQ
Problem 3CDQ
Problem 4CDQ
Problem 5CDQ
Problem 6CDQ
Problem 7CDQ
Problem 8CDQ
Problem 9CDQ
Problem 10CDQ
Problem 11CDQ
Problem 12CDQ
Problem 13CDQ
Problem 14CDQ
Problem 15CDQ
Problem 16CDQ
Problem 17CDQ
Problem 9.1E
Problem 9.2E
Problem 9.3E
Problem 9.4E
Problem 9.5E
Problem 9.6E
Problem 9.7E
Problem 9.8E
Problem 9.9E
Problem 9.10E
Problem 9.11E
Problem 9.12E
Problem 9.13E
Problem 9.14E
Problem 9.15E
Problem 9.16E
Problem 9.17E
Problem 9.18E
Problem 9.19E
Problem 9.20E
Problem 9.21E
Problem 9.22E
Problem 9.23E
Problem 9.1.1P
Problem 9.1.2P
Problem 9.2.1P
Problem 9.2.2P
Problem 9.3.1P
Problem 9.3.2P
Problem 9.4.1P
Problem 9.4.2P
Problem 9.4.3P
Problem 9.4.4P
Problem 9.4.5P
Problem 9.4.6P
Problem 9.4.7P
Problem 9.4.8P
Problem 9.4.9P
Problem 9.4.10P
Problem 9.4.11P
Problem 9.4.12P
Problem 9.4.13P
Problem 9.4.14P
Problem 9.4.15P
Problem 9.4.16P
Problem 9.4.17P
Problem 9.4.18P
Problem 9.4.19P
Problem 9.4.20P
Problem 9.5.1P
Problem 9.5.2P
Problem 9.1C
Problem 9.2C
Problem 9.3C
Problem 9.4.1C
Problem 9.4.2C
Problem 9.4.3C
Problem 9.5.1C
Problem 9.5.2C
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Survey of Accounting (Accounting I)

8th Edition
Carl Warren
ISBN: 9781305961883
Textbook Problem

Debt ratio, ratio of liabilities to stockholders' equity, and ratio of fixed assets to long-term liabilities
Recent balance sheet information lor two companies in the snack food industry. The Hershey Company (HSY) and Mondelez International. Inc. (MDLZ).

is as follows (in millions of dollars):


a. Determine the debt ratio for both companies. Round to one decimal place. b.Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place.
c.Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two decimal places.
d. Interpret the ratio differences between the two companies.

To determine

(a)

Introduction:

Accounting ratios are used to evaluate the financial performance of the business organisation

Solvency analysis:

It is used to evaluate company's ability to pay its long-term debts. It also helps the owner to determine the chances of firm's long-term survival.

To calculate:

Debt ratio of both the companies.

Explanation
    ParticularsHSYMDLZ
    Total liabilities$4,175$34,831
    Total Assets$5,630$62,843
    Debt ratio formulaDebit ratio= total debttotal assets
To determine

(b)

Solvency analysis:

Solvency analysis is used to evaluate companies' ability to pay its long-term debt, it also helps owner to determine the chances of firm's long-term survival.

To calculate:

The debt to equity ratio of both the companies

To determine

(c)

Solvency analysis:

Solvency analysis is used to evaluate companies' ability to pay its long-term debt, it also helps owner to determine the chances of firm's long-term survival.

The ratio of fixed assets to long term liabilities

To determine

(d)

Introduction:

Solvency analysis:

Solvency analysis is used to evaluate companies' ability to pay its long-term debt, it also helps owner to determine the chances of firm's long-term survival.

To explain:

The ratio differences between both the companies.

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Chapter 9,
Problem 9.14E
Chapter 9,
Problem 9.16E
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Chapter 9 Solutions

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Ch-9 P-1SEQCh-9 P-2SEQCh-9 P-3SEQCh-9 P-4SEQCh-9 P-5SEQCh-9 P-1CDQCh-9 P-2CDQCh-9 P-3CDQCh-9 P-4CDQCh-9 P-5CDQ
Ch-9 P-6CDQCh-9 P-7CDQCh-9 P-8CDQCh-9 P-9CDQCh-9 P-10CDQCh-9 P-11CDQCh-9 P-12CDQCh-9 P-13CDQCh-9 P-14CDQCh-9 P-15CDQCh-9 P-16CDQCh-9 P-17CDQCh-9 P-9.1ECh-9 P-9.2ECh-9 P-9.3ECh-9 P-9.4ECh-9 P-9.5ECh-9 P-9.6ECh-9 P-9.7ECh-9 P-9.8ECh-9 P-9.9ECh-9 P-9.10ECh-9 P-9.11ECh-9 P-9.12ECh-9 P-9.13ECh-9 P-9.14ECh-9 P-9.15ECh-9 P-9.16ECh-9 P-9.17ECh-9 P-9.18ECh-9 P-9.19ECh-9 P-9.20ECh-9 P-9.21ECh-9 P-9.22ECh-9 P-9.23ECh-9 P-9.1.1PCh-9 P-9.1.2PCh-9 P-9.2.1PCh-9 P-9.2.2PCh-9 P-9.3.1PCh-9 P-9.3.2PCh-9 P-9.4.1PCh-9 P-9.4.2PCh-9 P-9.4.3PCh-9 P-9.4.4PCh-9 P-9.4.5PCh-9 P-9.4.6PCh-9 P-9.4.7PCh-9 P-9.4.8PCh-9 P-9.4.9PCh-9 P-9.4.10PCh-9 P-9.4.11PCh-9 P-9.4.12PCh-9 P-9.4.13PCh-9 P-9.4.14PCh-9 P-9.4.15PCh-9 P-9.4.16PCh-9 P-9.4.17PCh-9 P-9.4.18PCh-9 P-9.4.19PCh-9 P-9.4.20PCh-9 P-9.5.1PCh-9 P-9.5.2PCh-9 P-9.1CCh-9 P-9.2CCh-9 P-9.3CCh-9 P-9.4.1CCh-9 P-9.4.2CCh-9 P-9.4.3CCh-9 P-9.5.1CCh-9 P-9.5.2C

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