Question #3 Refer to the Balance Sheets information shown below Balance Sheets for IHG and Marriott Hotels Prepare vertical analyses for both companies' Balance Sheet. (1 Points) Prepare comments on which hotel offer greater returns on investment, which has the lowest profit margin ratio (0.5 Points) Marriot & IHG Hotel Worldwide Balance Sheet Balance Years Ended December 31st 2019 In Millions of Dollars ING Hotel Marriott HG Hotel Marriott Current Assets Current abilities $257.00 $503.00 $355.00 $503.00 $200.00 $200.00 $9.00.00 $67 20 $100.00 $150.00 $150.00 Accounts payable Current Maturities of Long Term Debt Wages Payable Dividends Payable Accrued expenses payable Aerud $600.00 $250.00 $1.150.00 $90140 $250.00 $200.00 $50.00 Marketable Securities Credit card receivables Accounts receivable Beverage Inventory Food Inventory Prepaid expenses $150.00 $200.00 $150.00 $150.00 Total Current Llabilities $1,167,20 $1,70440 Long Term Liabilities Total Current Assets $1,76720 $1,500.00 $3,401.40 $4.500.00 Long-term mortage payable $10,000.00 $500.00 Investments Property and Equipment: Land Building Equipment Accumulated depreciation bites $4,500.00 $20,000.00 $5.000.00 $10,000.00 $4,500.00 $20,000.00 $6100.00 $11,000.00 Total long term Total Uabilities $10,000.00 $11.167 20 $500.00 $2,20440 wines Common Stock Retained earnings $11,600.00 $1,000.00 $21.950.00 $2,250.00 Net Property and Equipment Other Assets Franchise Fees Total Assets $19,500.00 $1.000.00 $23.76220 $17.600.00 $900.00 $26.404.40 Labiss A Stockholders' Equity $23,767,20 $26.40440 Question #3 Refer to the Balance Sheets information shown below Balance Sheets for IHG and Marriott Hotels Prepare vertical analyses for both companies' Balance Sheet. (1 Points) Prepare comments on which hotel offer greater returns on investment, which has the lowest profit margin ratio (0.5 Points) Marriot & IHG Hotel Worldwide Balance Sheet Balance Years Ended December 31st 2019 In Millions of Dollars ING Hotel Marriott HG Hotel Marriott Current Assets Current abilities $257.00 $503.00 $355.00 $503.00 $200.00 $200.00 $9.00.00 $67 20 $100.00 $150.00 $150.00 Accounts payable Current Maturities of Long Term Debt Wages Payable Dividends Payable Accrued expenses payable Aerud $600.00 $250.00 $1.150.00 $90140 $250.00 $200.00 $50.00 Marketable Securities Credit card receivables Accounts receivable Beverage Inventory Food Inventory Prepaid expenses $150.00 $200.00 $150.00 $150.00 Total Current Llabilities $1,167,20 $1,70440 Long Term Liabilities Total Current Assets $1,76720 $1,500.00 $3,401.40 $4.500.00 Long-term mortage payable $10,000.00 $500.00 Investments Property and Equipment: Land Building Equipment Accumulated depreciation bites $4,500.00 $20,000.00 $5.000.00 $10,000.00 $4,500.00 $20,000.00 $6100.00 $11,000.00 Total long term Total Uabilities $10,000.00 $11.167 20 $500.00 $2,20440 wines Common Stock Retained earnings $11,600.00 $1,000.00 $21.950.00 $2,250.00 Net Property and Equipment Other Assets Franchise Fees Total Assets $19,500.00 $1.000.00 $23.76220 $17.600.00 $900.00 $26.404.40 Labiss A Stockholders' Equity $23,767,20 $26.40440