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show the work File Panon S X Dropbox Folders - Accounting X 2 020 X ACET 2020 C/Users/Local(200ser/Downloads/ACCT%202020.9.20Exam%201%20(Chapters2015%20-1712.pdf Problem 1 Hotel Apple and Hotel Pear

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File Panon S X Dropbox Folders - Accounting X 2 020 X ACET 2020 C/Users/Local(200ser/Downloads/ACCT%202020.9.20Exam%201%20(Chapters2015%20-1712.pdf Problem 1 Hotel Apple and Hotel Pear are two major global hotel chains. Financial information for each company is provided below. Required: 1. Use the separate ANSWER SHEET for ALL of your answer. 2. Calculate the following ratios for Company Apple and Company Pear. a. Rate of return on Total Assets b. Rate of return on Stockholders' Equity c. Times interest earned d. Debt to Equity 3. Based on the ratios we analyzed, compare the two companies. Which company do you believe is stronger? Give three specific reasons why: Apple Pear Operating Income ** 677 Other Income 54 118 Interest expense (180) (54) Income before income tax expense 551 Income tax expense 93 Net Income 458 103 37 Total Liabilities Total Stockholders' Equity Total Liabilities and Stockholders' Equity 7,398 1,585 8,983 2,125 5,118 7,243 7,095 Average Total Liabilities Average Total Stockholders' Equity Average Total Assets Type here to search O 1,364 8,458 2,132 5,067 7,199 e

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