Reference no: EM13744750

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 under- standing 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. Examination Intermediate Accounting 1 2 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