Question: In early 2 0 2 2 , United Airlines ( UAL ) had a market capitalization of $ 1 4 . 3 billion, debt of
In early United Airlines UAL had a market capitalization of $ billion, debt of $ billion, and cash of $ billion. United also had annual revenues of $ billion. Southwest Airlines LUV had a market capitalization of $ billion, debt of $ billion, cash of $ billion, and annual revenues of $ billion.a Compare the marketcapitalizationtorevenue ratio also called the pricetosales ratio for United Airlines and Southwest Airlines.b Compare the enterprisevaluetorevenue ratio for United Airlines and Southwest Airlines.c Which of these comparisons is more meaningful? Explain.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
