What are the possible red flags?

Income Statement - Common Size Mandalay Hilton Marriott Revenues 100% 100% 100% 73.94% 90.96% COGS 55.65% 26.06% Gross Profit 9.04% 44.35% SG&A Expenses 2.70% 1.84% 19.21% 2.15% Net Income 6.31% 2,32% Balance Sheet Common Size Mandalay Hilton Marriot 0.04% Cash & Market Securities 8.97% 2.63% Receivables, net 7.18% 6.71% 1.91% 1.68% 0.77% Inventories 1.05% 6.61% Total Current Assets 23.39% 11.34% Fixed Assets, net 32.20% 75.55% 45.37% Total Assets 100% 100% 100% 10.27% 7.65% Total Current Liabilities 19.79% 76.72% Total Liabilities 79.70% 61.81% Total Equity 38.19% 20.30% 23.31% The following additional information is provided for fiscal year 2000 (in millions): Mandalay Hilton Marriott $137 $97 $31 Inventory Receivables, net 435 728 78 Working Capital 194 -502 -10 Fixed Assets, net 3,911 3,011 3,237 Total Assets 9,140 8,237 4,248 Total Equity 3,267 1,069 1,642 *FYE Jan. 02