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Analyze and compare Marriott and Hyatt Balance sheet information is as follows: The average liabilities, average stockholders' equity, and average total assets are as follows:
Analyze and compare Marriott and Hyatt
Balance sheet information is as follows:
The average liabilities, average stockholders' equity, and average total assets are as follows:
Marriott
Hyatt
a Return on total assets
b Return on stockholders' equity
c Times interest earned
d Ratio of liabilities to stockholders' equity
Which of the following statements are correct?
Marriott has a higher return on total assets, and Marriott has a higher return on stockholders' equity.
Hyatt has less leverage than Marriott.
The times interest earned ratio shows that Hyatt covers its interest charges better than Marriott; however, both companies do not have sufficient coverage.
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