Access the websites for CVS Corporation and Southwest Airlines Co. and locate each company’s 2005 annual report. Prepare a table for the following key financial performance measures for the two most recent years for both companies. Use your computations in C6 or perform those analyses if you have not done so. Total assets for Southwest in 2003 were $9,878 million.

Profitability: profit margin asset turnover return on assets

Long-term solvency: debt to equity ratio

Cash flow adequacy: cash flow yield free cash flow

Evaluate and comment on the relative performance of the two companies with respect to each of the above categories.