Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. (MDLZ), and The Hershey Company (HSY), is as follows (in thousands): Mondelez Hershey Net property, plant, and equipment $8,229,000 $2,177,248 Current labilities 14,417,000 1,909,443 Long-term debt 13,217,000 2,347,455 Other long-term liabilities 8,689,000 439,748 Stockholders' equity 25,215,000 827,687 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Mondelez 1.4 V Hershey 3.10 x b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place. Mondelez 0.4 V Hershey 0.8V C. Although Hershey v uses more debt, It has slightly stronger creditor protection and borrowing capacity.

Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. (MDLZ), and The Hershey Company (HSY), is as follows (in thousands): Mondelez Hershey Net property, plant, and equipment $8,229,000 $2,177,248 Current labilities 14,417,000 1,909,443 Long-term debt 13,217,000 2,347,455 Other long-term liabilities 8,689,000 439,748 Stockholders' equity 25,215,000 827,687 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place. Mondelez 1.4 V Hershey 3.10 x b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to one decimal place. Mondelez 0.4 V Hershey 0.8V C. Although Hershey v uses more debt, It has slightly stronger creditor protection and borrowing capacity.

Name: Ratio of Labilities to Stockholders' Equity and Ratio of Fixed Assets
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Description: Ratio of Labilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term LiabilitiesRecent balance sheet information for two companies in the food industry, Mondelez International, Inc. (MDLZ), and The Hershey Company (HSY), is as follows

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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