Assignment 2 - 10%

HM 361 (HM9) Financial Management

Assignment 2 Title: Financial Analysis

Following is the revenue from continuing operations from the Marriott International 2003 annual report (in millions):

2003 Mix Percentage

2002 Mix Percentage

2001 Mix Percentage

Full Service

$5,876

$5,508

$5,260

Select Service

$1,000

$ 967

$ 864

Extended Stay

$ 557

$ 600

$ 635

Time Share

$1,279

$1,147

$1,009

Totals

$8,712

$8,222

$7,768

Required:

Calculate the sales mix percentage for 2003, 2002, and 2001.

Calculate the percentage change in revenue for each segment from 2003 to 2002.

Calculate the percentage change in revenue for each segment from 2002 to 2001.

What is the overall revenue growth (percentage change) from 2002 to 2003 and from 2001 to 2002?

Which market segment increased its sales mix percentage the most and which if any had a decrease in its mix percentage? Compare 2003 actual numbers with both 2002 and 2001 for your answers.

Instruction for the assignment:

Type of attached file: A word file A4 pages printed and delivered (Times New Roman) font size 14

Deadline: Monday, 31th October, 2022 during class time

Grades assigned: 10 Marks

You should have a cover page for your assignment involving the following information: Course Name and its Code; Assignment Title; Student Full Name; Student ID No.; Submitted to whom, Date of Submission