Recent balance sheet information for two companies in the snack food industry, the Hershey Company (HsY) and Mondelez international, inc. (MDLZ), is as follows (in millions of dollars):

a. Determine the debt ratio for both companies. Round to one decimal place.

b. Determine the ratio of liabilities to stockholders’ equity for both companies. Round to one decimal place.

c. Determine the ratio of fixed assets to long-term liabilities for both companies. Round to two decimal places.

d. Interpret the ratio differences between the two companies.

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Hershey Mondelez Net property, plant, and equipment $2,107 $ 8,677 Liabilities: Current liabilities $2,077 $15,793 Long-term debt Other long-term liabilities 2,061 12,972 484 8,153 Total liabilities $4,622 $36,918 Stockholders'equity 932 26,191 Total liabilities and stockholders' equity $5,554 $63,109