Question
1. We will examine the debt ratios for two airlines. First go to finance.yahoo.com. In the Get Quotes box, enter LUV for Southwest Airlines. Scroll
1. We will examine the debt ratios for two airlines. First go to finance.yahoo.com.
In the Get Quotes box, enter LUV for Southwest Airlines. Scroll down along
the left margin and click on Balance Sheet.
2. Compute the ratio of Long-Term Debt to Total Stockholders Equity for the three
years shown. Do the same thing for Total Liabilities to Total Stockholders Equity.
3. Go back to the summary page and follow the same process for Delta Air Lines
(DAL). Write a paragraph summary of the two airlines debt ratios. Which company
is in better condition?
PLEASE SHOW ALL WORK
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
