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, Santa Fe Company and Madrid Company, is as follows (in thousands): Madrid $566,220 $741,200 671,846 1,117,724 698,338 667,080 245,362 259,420 Stockholders' equity 304,820 365,040 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place. Net property, plant, and equipment Current liabilities Long-term debt Other long-term liabilities Santa Fe Madrid b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round your answers to one decimal place. Santa Fe Santa Fe Madrid

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, Santa Fe Company and Madrid Company, is as follows (in thousands): Madrid $566,220 $741,200 671,846 1,117,724 698,338 667,080 245,362 259,420 Stockholders' equity 304,820 365,040 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round your answers to one decimal place. Net property, plant, and equipment Current liabilities Long-term debt Other long-term liabilities Santa Fe Madrid b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round your answers to one decimal place. Santa Fe Santa Fe Madrid

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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