Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. (MDLZ), and The

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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):

Hershey $2,177,248 1,909,443 2,347,455 439,748 827,687 Mondelez Net property, plant, and equipment Current llabilities L


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 one decimal place.
c. Interpret the ratio differences between the two companies.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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