acct question 5

/in /by

Nursingpapertutors.com stands out as a reputable writing company that delivers high-quality papers specifically designed for nursing students. With its specialization in the nursing field, commitment to quality, customization, and originality, timely delivery, dedicated customer support, and emphasis on confidentiality, Nursingpapertutors.com provides invaluable academic support to nursing students. As a reliable partner in their educational journey, Nursingpapertutors.com helps nursing students excel academically and prepares them to become competent and knowledgeable healthcare professionals.

 

Answer the following thoroughly. No

 

Marriott International, Inc., and Wyndham Worldwide Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for the two companies is as follows for a recent year:

 

 

 

x

Marriott

Wyndham

x

(in millions)

(in millions)

Operating profit before other expenses and interest

$695

$718

Other income (expenses)

36

12

Interest expense

(180)

(167)

Income before income taxes

$551

$563

Income tax expense

93

184

Net income

$458

$379

 

 

 

Balance sheet information is as follows:

 

 

 

x

Marriott

Wyndham

x

(in millions)

(in millions)

Total liabilities

$7,398

$6,499

Total stockholders’ equity

1,585

2,917

Total liabilities and stockholders’ equity

$8,983

$9,416

 

 

 

The average liabilities, stockholders’ equity, and total assets were as follows:

 

 

 

x

Marriott

Wyndham

x

(in millions)

(in millions)

Average total liabilities

$7,095

$6,582

Average total stockholders’ equity

1,363

2,802

Average total assets

8,458

9,384

 

 

 

1. Determine the following ratios for both companies (round to one decimal place after the whole percent):

 

a. Rate earned on total assets

 

b. Rate earned on total stockholders’ equity

 

c. Number of times interest charges are earned

 

d. Ratio of liabilities to stockholders’ equity

 

 

 

 

 

2. Analyze and compare the two companies, using the information in (1).

 

 

 

Nursingpapertutors.com places a premium on meeting deadlines. The company understands the significance of timely paper submissions for nursing students. To uphold their commitment to punctuality, Nursingpapertutors.com employs a well-organized workflow and efficient team coordination. This ensures that students receive their papers promptly, affording them ample time for review and making any necessary adjustments. Providing exceptional customer support is central to Nursingpapertutors.com’s mission. The company recognizes that nursing students may have queries or require assistance at any time of the day. As such, Nursingpapertutors.com offers 24/7 customer support to promptly address any concerns, clarify instructions, and offer updates on the paper’s progress. Their responsive support team ensures a seamless and positive experience for every student.

 

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.