Computing and Interpreting Key Ratios b$.$ Compute the debt$-$to$-$equity ratio for each company as of December $31,$ Year $2.($Round your answer to one decimal place.$)$

JetBlue Airways

Southwest Airlines

Which company relies more on creditor financing?

c$.$ For each firm, compute net income as a percentage of revenue in Year $2.($Round your answer to one decimal place.$)$

JetBlue Airways

$\frac{1}{0}$

Southwest Airlines

$\%$

Assume the data presented below are from the financial statements of JetBlue and Southwest Airlines.

Required

a$.$ Compute the return on equity ratio for JetBlue and Southwest for Year $2.($Round your answer to one decimal place.$)$

JetBlue Airways

$\%$

Southwest Airlines

$\%$

Which company earned the higher return for its shareholders?