Marriott International, Inc., and Hilton Hotels Corporation are two major owners and managers of lodging and resort
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Marriott International, Inc., and Hilton 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:
Balance sheet information is as follows:
The average liabilities, stockholders?? equity, and total assets were as follows:
1. Determine the following ratios for both companies (round to one decimal place after the whole percent):a. Rate earned on total assetsb. Rate earned on total stockholders?? equityc. Number of times interest charges are earnedd. Ratio of liabilities to stockholders?? equity2. Analyze and compare the two companies, using the information in(1).
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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