Intermediate Accounting

timer Asked: Jul 8th, 2013

Question description

1. The following balance sheet information (in $ millions) comes
from the Annual Report to Shareholders of Marriott
International Inc. for the 2008 fiscal year. (Certain amounts
have been replaced with question marks to test your understanding
of balance sheets.) In addition, you’re provided with
the following information from an analysis of Marriott’s financial
position at the same date:
Current ratio = 1.3296486
Acid-test ratio = 0.407422
Debt-to-equity ratio = 5.4514493
Compute the missing amounts (rounded to the nearest $ in
millions) in the Marriott balance sheet.

Balance sheet is in the document file.


Please help me learn by showing me the work!!

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