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Following are selected ratios for JetBlue Airways for two recent fiscal years. Ratio 2010 2009 Current ratio 1.253 1.326 Working capital to total assets 0.042
Following are selected ratios for JetBlue Airways for two recent fiscal years.
Ratio | 2010 | 2009 |
---|---|---|
Current ratio | 1.253 | 1.326 |
Working capital to total assets | 0.042 | 0.058 |
Retained earnings to total assets | 0.033 | 0.019 |
EBIT to total assets | 0.050 | 0.040 |
Market value of equity to total liabilities | 0.390 | 0.320 |
Sales to total assets | 0.573 | 0.503 |
Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.) 2010 z-score = Answer
2009 z-score = Answer
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