FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Marriott International, Inc., and Hyatt Hotels Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year (in millions):
Please see the attachment for details:
1. Determine the following ratios for both companies, rounding ratios and percentages to one decimal place:
a. Return on total assets
b. Return on stockholders’ equity
c. Times interest earned
d. Ratio of total liabilities to stockholders’ equity
2. Based on the information in (1), analyze and compare the two companies’ solvency and profitability.
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