Question: ($ millions) Total Liabilities, 2013 Total Liabilities, 2012 Total Assets, 2013 Total Assets, 2012 Revenue, 2013 Net Income, 2013 Jet Blue Southwest Airways Airlines $4.939

($ millions) Total Liabilities, 2013 Total Liabilities, 2012 Total Assets, 2013

($ millions) Total Liabilities, 2013 Total Liabilities, 2012 Total Assets, 2013 Total Assets, 2012 Revenue, 2013 Net Income, 2013 Jet Blue Southwest Airways Airlines $4.939 $9,226 5,003 8,815 6,593 15,463 6,549 14,269 3,779 12,104 97 459 Required a. Compute the return on equity ratio for JetBlue and Southwest for 2013. (Round your answer to one decimal place.) JetBlue Airways 0 % Southwest Airlines 0 % Which company earned the higher return for its shareholders? b. Compute the debt-to-equity ratio for each company as of December 31, 2013. (Round your answer to one decimal place.) JetBlue Airways Southwest Airlines 0 Which company relies more on creditor financing? c. For each firm, compute net income as a percentage of revenue in 2013. (Round your answer to one decimal place.) JetBlue Airways o % Southwest Airlines 0 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please assist with summary of recent financial performance for ratios relative to Dominos, including industry trends and comparative financial information (financial Statement Anaylsis) for the past...

AIRASIA INDIA On May 7, 2014, AirAsia's founder received an Air Operator's Permit (AOP) from the Indian aviation regulator the Directorate General of Civil Aviation (DGCA). The permit essentially a...

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

Hello please refer to part 4 from the question paper I have attached the past student work for your reference just have to follow the format if you feel comfortable with I have attached the necessary...

What are the answers for thise financial ratio analysis for JetBlue case, acording to the following: 1) Current ratio(Liquidity) 2) Total debt 3) Debt-equity 3) Inventory turnover 4) Receivables...

7 8 9 3 4 You are a financial analyst for Greenback, Inc. a manufacturing firm, located in Kansas. Your boss, 5 the CFO of the company has asked you to create some spreadsheets and provide some...

Please review the historical performance and projections on the Home Depot Value Line page, the spreadsheet, and the pro forma income statement and balance sheet. Submit a complete and thorough...

MOLSON COORS BREWING COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (IN MILLIONS) December 31, 2013 December 29, 2012 624.0 572.8 608.3 52.2 30,8 124.4 92.9 139.93 20.3 43.5 10.2 Assets Current...

Your analysis should include: 1. A proposal for a new vision and mission that you feel would better represent the company. 2. An IFE and EFE OR a SWOT Analysis 3. Recommendations on strategic...

Please complete a ssignment excel financial statement with attached instructions and reading material. Read "Pepsico's Diversification Strategy in 2015" (In Textbook pp. 377-389) Complete the PEPSICO...

An economy has the following consumption function: C = 200 + 0.8DI The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100. Investment is...

Consider the rich picture presented in this weeks media resource. Are there biases or concerns that you had not considered? Use the Monk & Howard (1998) article as well as the ideas outlined in this...

What is rapid prototyping? Group of answer choices A family of fabrication technologies that allows engineering prototypes to be made in minimum lead time directly from a CAD geometric model A...

A production process consists of a three - step operation. The scrap rate is 1 9 percent for the first step and 1 1 percent for the other ty steps. a . If the desired daily output is 4 5 3 units, how...

5.51 Given an arrival process with l = 8.0, what is the probability that an arrival occurs in the first t = 7 time units?

5.46 A random sample of 100 blue-collar employees at a large corporation are surveyed to assess their attitudes toward a proposed new work schedule. If 60% of all blue-collar employees at this...

5.57 It is known that for a laboratory computing system the number of system failures during a month has a Poisson distribution with a mean of 0.8. The system has just failed. Find the probability...