3. Use the financial statements from Marriott International Inc. (excel file attachment) to construct the following: a) Current Ratio b) Quick Ratio c) Equity Multiplier d) Times Interest Earned e) Profit Margin f) (Total) Asset Turnover g) Return On Equity, using the Du Pont Expansion Marriott International Inc. (MAR), Balance Sheet (In Millions as of: Dec. 31, 2010 ASSETS Current assets Cash and cash equivalents $505 Accounts and notes receivable $938 Inventory $1,489 Prepaid expenses, deferred taxes, and other $450 Total Current Assets $3,382 Net property and equipment $1,307 Intangible and other assets $4,294 TOTAL ASSETS $8,983 Marriott International Inc. (MAR), Income Statement (In Millions) for the 12 Months Ended on: Dec. 31, 2010 Revenues Base management fees $562 Franchise fees S441 Incentive management fees $182 Owned, leased, and corporate housing $1,046 Timeshare sales and services $1,221 Total Revenues $3,452 Operating costs and Expenses Owned, leased, and corporate housing $777 Timeshare $1,022 General, admin, and other $780 Total Operating costs and Expenses $2,579 Other Gains (Losses) $17 EBITDA $890 Depreciation and Amortization expense ($178) EBIT $712 Interest Expense ($161) Pretax Income (Loss) S551 (Income Tax) Benefits ($93) Net Income (Loss) S458 $138 $634 S692 S486 LIABILITIES Current liabilities Current portion of long-term debt Accounts payable Accrued expenses Liability for guest loyalty program Other current liabilities Total Current Liabilities Long-term debt Liability for guest loyalty program Other long-term liabilities TOTAL LIABILITIES $551 $2,501 $2,691 $1,313 $893 $7,398 $5 SHAREHOLDERS' EQUITY Common Stock Paid-in-capital Retained earnings Treasury stock TOTAL SHAREHOLDERS' EQUITY TOTAL L AND SE $3,644 $3,284 ($5,348) $1,585 $8,983