Marriott International, Inc., and Starwood Hotels and Resorts Worldwide, Inc. 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:

1. Determine the following ratios for both companies (round to one decimal place after the whole percent):
a. Rate earned on total assets
b. Rate earned on total stockholders' equity
c. Number of times interest charges are earned
d. Ratio of liabilities to stockholders' equity
2. Analyze and compare the two companies, using the information in(1).

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Marriott (in millions) $815 Starwood (in millions) $ 635 Operating profit before other expenses and interest Other income (expenses) Interest expense Income before income taxes Income tax expense Net income 57 (95) 163) $709 350 $359 (210) $330 76 $254 Balance sheet information is as follows: Total liabilities Total stockholders' equity Total liabilities and stockholders' equity Marriott (in millions) $7,523 1380 $8,903 Starwood (in millions) $8,082 1,621 9,703 The average liabilities, stockholders' equity, and total assets were as follows: Average total liabilities Average total stockholders'equity Average total assets Marriott (in millions) 7,518 1,405 7,494 Starwood (in millions) $7,814 1,849 9,663