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statement information for the two companies is as follows for a recent year (in millions):...

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Accounting

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statement information for the two companies is as follows for a recent year (in millions): The average liabilities, average stockholders' equity, and average total assets are as follows: 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place.) 1. Calculate the following ratios for each year (Round ratios and percentages to one decimal place.) 2. Which of the following statements are correct? 1. Marriott has a higher return on total assets and a higher return on stockholders' equity compared to Hyatt. 2. Hyatt's weaker performance relativeq to Marriott's appears to be due to its weak earnings relative to its debt level. Hyatt has less leverage than Marriott. 3. The times interest earned ratio shows that Hyatt covers its interest charges better than Marriott; however, both companies do not have sufficient coverage. 4. Hyatt's weak earnings and low debt levels are affecting the company's ability to earn returns for stockholders

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