You are interested in investing in a regional hotel company and have investigated the financial statements of four potential investments. Using the information in the table below which hotel generates the highest return on equity and return on sales. Hotel N Hotel J Hotel C Hotel W Information from the income statement Total revenue 10,099,000 4,816,000 728,806 3,277,550 Total expenses 9,503,000 3,618,000 554,461 2,822,748 Information from the balance sheet Current assets 1,946,000 1,020,000 68,629 526,549 Total assets 8,668,000 8,183,000 562,388 1,783,127 Current liabilities 2,356,000 895,000 101,091 693,809 Total liabilities 4,587,000 5,944,000 256,441 1,089,318 Total number of common stock outstanding 225,800 389,000 32,312 168,238

A. Hotel N

B. Hotel J

C. Hotel C

D. Hotel W