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14. You have the following information taken from the balance sheets for two successive years for a hotel operation Year 6 Year 7 Total assets

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14. You have the following information taken from the balance sheets for two successive years for a hotel operation Year 6 Year 7 Total assets S422,200 $406,700 Total liabilities 312,400 325,500 Total stockholder's equity 109,800 81,200 1. 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 2. 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

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