2024 – The following balance sheet information in millions comes from the Annual Report to Shareholders of Marriott International Inc for
The Following Balance Sheet Information (in $ Millions) Comes From The Annual Report To Shareholders Of Marriott International Inc. – 2024
The following balance sheet information (in $ millions) comes from the Annual Report to Shareholders of Marriott International Inc. for the 2008 fiscal year. (Certain amount 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.
Assets
Current assets
Cash and equivalents $134
Accounts and notes receivable ?
Inventory ?
Other 355
Total current assets ?
Property and equipment, net $1,443)
Intangible assets, net ?)
Investments 346)
Notes and other receivables, net 988)
Other 1,173)
Total non-current assets ? Total assets ? Liabilities and Shareholders’ Equity Current liabilities Accounts payable $704 Accrued payroll and benefits 633 Other payables and accruals 1,196 Total current liabilities 2,533 Long-term debt ?) Other long-term liabilities 2,015) Total long-term liabilities ? Total liabilities ? Shareholders’ equity Class A common stock 5) Additional paid-in capital 3,590) Retained earnings 3,565) Treasury stock and other (5,780) Total shareholders’ equity 1,380 Total liabilities and shareholders’ equity $8,903
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