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.
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