Question

View 1 Design Transitions Animations Slide Show Review 12 A A A E BIU SAV. A 2-A EEEE Paragraph Help Tell me what you want to do \0000 AL1-06 Arrange Oud Shar Find Replace Select Drawing Editing Accounting Analysis Assess the degree to which Marriot International accounts for A/R & Bad Debt, as well as Inventory method chosen reflects the underlying business reality. Specifically, show how the company recognizes bad debt (find the corresponding footnote or explanation in the 10-K). Use the financial statement effects template to record the bad debt expense for Marriott International. In addition, please explain: are sales mainly credit or cash? Has A/R/ Bad debt increased or decreased over the last 3 years? What is the relative size of inventory? Has it increased/ decreased? Also, review Marriott International's liabilities arising from operating and financing activities. What are Marriott International's main operating liabilities?

Can you clarify what data do you need?

Answer 1

1. Details of all expenses and income

2. Details of all payment and receipt.

3. Last year financial statements i.e. Balance Sheet, Profit and Loss

4. Which inventory method is following i.e. FIFO (First in First out) and LIFO (Last in First Out).

5. Bad debts details i.e. estimated write off and allowance to doubtfull allowance