Marriott International, Inc., and Hyatt Hotels Corporation are two major owners and managers of lodging and resort

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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):

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

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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Related Book For  answer-question

Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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