Question

Recent balance sheet information for two companies in the food industry, H.J. Heinz Company and The Hershey Company, is as follows (in millions of dollars):


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 twocompanies.


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  • CreatedMarch 11, 2014
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