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Cash in its bank account 5. Delta Airlines' common size Income Statement shows Selling General and Administrative Expenses as 9.8%. This indicates Delta has Operating
Cash in its bank account 5. Delta Airlines' common size Income Statement shows Selling General and Administrative Expenses as 9.8%. This indicates Delta has Operating return on Assets of above 9.8% as these costs are very high Delta has earnings per share as a percentage of SG&A expenses are $0.098. Selling, General and Administrative Expenses are 9.8% of Assets Selling, General and Administrative expenses are 9.8% of Revenues None of the above b. C. d. e. If you invest in an account with simple (rather than compound) interest 12. a. You will earn interest only on the interest. b. You will earn interest only on the principle c. You will earn interest on both principle and interest. d. You will not earn interest; simple means you receive the same amount when you withdraw money. None of the above. e. None or the above. You find Economic Value Added of Chipotle is $500 million. This indicate:s 9. a. b. c. d. e. Chipotle has positive Operating return on assets Chipotle's Net Income is $500 million Chipotle is earning more than capital holders require Chipotle is expected to grow $500 million this year. None of the above. 10. Alaska Air's stock has a PE ratio of 18.2 while Delta Airline's stock has a PE of 8.7 times. This indicates Delta has very low earnings. Alaska Air's shareholders expect greater growth in earnings than Delta Airlines Alaska Air's shareholders expect returns of 18.2% on their stock. The price of a share of Delta Airlnes is less than Alaska Air's stock price. a. b. C. d. e. All of the above
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