Check my work TransGlobal, and GEM Airways are two publicly traded airline companies. They reported the following in their financial statements (in millions of dollars, except per-share amounts and stock prices) Net Income Total stockholders' equity Earnings per share Stock price when annual results reported Required: Transulobal GEM 2021 $ 3.960 13,737 5.70 51.47 2020 $ 3,582 13,960 4.54 54.04 2021 $ 2,405 9.003 4.31 58.10 2020 $3,493 10,460 5.01 55.19 1-a. Compute the 2021 ROE for each company. Express RODE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req LA Req 10 Req 2A Keq 28 Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) TransGlobal GEM Airways ROE Reg 1A Req 18 > equity. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Compute the 2021 P/E ratio for each company. (Round your answers to 1 decimal place.) PIE TransGlobal GEM Airways times times