Question: Recent balance sheet information for two companies in the food 148777

Recent balance sheet information for two companies in the food industry, H.J. Heinz Co. and Hershey Foods Corp., are as follows (in thousands of dollars):


a. Determine the ratio of liabilities to stockholders’ equity for both companies. Round to two digits after the decimal place.
b. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two digits after the decimal place.
c. Interpret the ratio differences between the twocompanies.


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  • CreatedNovember 13, 2012
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