You have the following information taken from the balance sheets for two successive years for a hotel
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You have the following information taken from the balance sheets for two successive years for a hotel operation.
For each year, calculate:
a. Total assets to total liabilities ratio
b. Total liabilities to total assets ratio
c. Total liabilities to total equity ratio Discuss the changes that have taken place over the two-year period from the viewpoint of an investor who has been asked to loan the hotel money for expansion.LO1
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Related Book For 
Hospitality Management Accounting
ISBN: 9780471687894
9th Edition
Authors: Martin G Jagels, Catherine E Ralston
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