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Attached you will find my answers to questions 1-3 for both the Income Statement and Cash Flow Statement. My professor left comments for my answers,

Attached you will find my answers to questions 1-3 for both the Income Statement and Cash Flow Statement. My professor left comments for my answers, which can be found in red. In the Instructions tab you will find guidance on how to download the 10-K that is needed to answer the questions, please help! I have a spreadsheet with the financials but I don't see where I can upload them

Questions for Income Statement:

1. What are two accounts in the Choice Hotels income statement that show the biggest change over the past 3 years? What information in the 10-K report helps to explain these changes?

2. What are two accounts in the Marriott income statement that show the biggest change over the past 3 years? What information in the 10-K report helps to explain these changes?

3. Which of the two companies has the financially stronger income statement? Explain your rationale thoroughly.

Questions for Cash Flow Statement:

1.What were the two largest cash outflowsfor each company over the 3-year period?

2. Whydid Marriott have a cash inflow in 2017 from investing activities? Hint: See 10-K Report.

3.What are themost significant trends for both companies?

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