MBA 7-9 Asset Turnover Marriott International Inc. (MAR) and Hilton Wordoide Holdings Inc. (HLT) operate...
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MBA 7-9 Asset Turnover Marriott International Inc. (MAR) and Hilton Wordoide Holdings Inc. (HLT) operate hotels worldwide. The following data (in millions) were adapted from recent financial statements of Marriott and Hilton. Marriott Hilton Sales Average property, plant, and equipment Average intangible assets 1. Compute the asset turnover for Marriott and Hilton. Round your answers to two decimal places. 13,796 $10,502 9,042 6,900 1,501 2.125 6900 Asset Turnover Marriott Hilton 2. Comment on the asset turnover results from
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