Delta Air Lines, Inc., and Southwest Airlines Co. 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) Delta Southwest 2015 4,373 4,526 10,850 .68 2015 $2,244$2,181 7,358 3.30 2016 2016 Net income Total stockholders' equity Earnings per share Stock price when annual results reported 12,287 5.82 8,441 3.58 49.51 46.10 53.23 35.69 Required: 1-a. Compute the 2016 ROE for each company. Express ROE as a percentage. TIP: Remember that the bottom of the ROE ratio uses the average stockholders' equity 1-b. Which company appears to generate greater returns on stockholders' equity in 2016? 2-a. Compute the 2016 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 2016 ROE for each company. Express ROE as a percentage. TIP: Remember that the bottom of the ROE ratio uses the average stockholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) ROE Delta Air Lines, Inc Southwest Airlines Co Req 1A Req 1B Req 2A Req 2B Which company appears to generate greater returns on stockholders' equity in 2016? Delta Air Lines, Inc. Southwest Airlines Co. Req 1A Req 1B Req 2A Req 2B Compute the 2016 P/E ratio for each company. (Round your answers to 1 decimal place.) P/E Delta Air Lines, Inc. times Southwest Airlines Co times Req 1A Req 1B Req 2A Req 2B Which company do investors appear to value more? Delta Air Lines, Inc. Southwest Airlines Co