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io of liabilities to stockholders' equity and ratio of fixed assets to Obj 2 v...

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Accounting

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io of liabilities to stockholders' equity and ratio of fixed assets to Obj 2 v a. H.J. Heinz, 3.3 long-term liabilities balance sheet information for two companies in the food industry, HJ. Heinz Company aol The Hershey Company, is as follows Gin millions of dollars) HJ. Heinz Hershey Net property, plant, and equipment Current liabilities Long-term debt Other long-term liabilities Stockholders' equity $2,484 2,648 4,780 1,683 2,759 $1,560 1,174 ,749 641 849 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two decimal places c Interpret the ratio differences between the two companies

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