acct question 5
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.