Analyze and compare Marriott and Hyatt Marriott International, Inc. (MAR), and Hyatt Hotels Corporation (H) are...

 

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Analyze and compare Marriott and Hyatt 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): Operating profit before other revenue and interest Other revenue (expense) Interest expense Income before income tax expense Income tax expense Net income Balance sheet information is as follows: Average total liabilities Average total stockholders' equity Average total assets Marriott Hyatt $1,368 $299 66 (76) $289 (85) $204 a. Return on total assets b. Return on stockholders' equity c. Times interest earned d. Ratio of total liabilities to stockholders' equity 50 (234) $1,184 (404) $ 780 Marriott Total liabilities Total stockholders' equity Total liabilities and stockholders' equity The average liabilities, average stockholders' equity, and average total assets are as follows: Marriott Hyatt $18,783 $ 3,841 5,357 3,908 $24,140 $ 7,749 $14,228 883 15,111 $3,719 3,951 7,670 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place.) Hyatt Marriott % Hyatt % % % Analyze and compare Marriott and Hyatt 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): Operating profit before other revenue and interest Other revenue (expense) Interest expense Income before income tax expense Income tax expense Net income Balance sheet information is as follows: Average total liabilities Average total stockholders' equity Average total assets Marriott Hyatt $1,368 $299 66 (76) $289 (85) $204 a. Return on total assets b. Return on stockholders' equity c. Times interest earned d. Ratio of total liabilities to stockholders' equity 50 (234) $1,184 (404) $ 780 Marriott Total liabilities Total stockholders' equity Total liabilities and stockholders' equity The average liabilities, average stockholders' equity, and average total assets are as follows: Marriott Hyatt $18,783 $ 3,841 5,357 3,908 $24,140 $ 7,749 $14,228 883 15,111 $3,719 3,951 7,670 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place.) Hyatt Marriott % Hyatt % % %

Answer rating: 100% (QA)

b c Return on total assets Marriott Hyatt Marriott Hyatt Return on Stockholders Equity Times ... View the full answer