Marriott International, Inc. (MAR) and Hyatt Hotels Corporation (H) are two major owners and managers of lodging

Question:

Marriott International, Inc. (MAR) and Hyatt Hotels Corporation (H) 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):

Balance sheet information is as follows:

The average liabilities, average stockholders’ equity, and average total assets are as follows:

1. Determine the following ratios for both companies.
a. Return on total assets
b. Return on stockholders’ equity
c. Times interest earned
d. Ratio of liabilities to stockholders’ equity
2. Based on the information in (1), analyze and compare the two companies’ solvency and profitability.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9780357714041

16th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

Question Posted: