The following current items, listed in alphabetical order, are taken from the consolidated balance..

The following current items, listed in alphabetical order, are taken from the consolidated balance sheets of Starwood Hotels & Resorts Worldwide, Inc. as of December 31, 2008, and Marriott International, Inc. as of January 2, 2009. (All amounts are in millions of dollars.) Any assets or liabilities with which you may not be familiar are noted parenthetically. Required 1. Compute working capital and the current ratio for both companies. 2. On the basis of your answers to (1), which company appears to be more liquid? 3. Other factors affect a company’s liquidity besides working capital and current ratio. Comment on the composition of each company’s current assets and ways this composition affectsliquidity.