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Here to There Industries, and OIsson Transport are two publicly traded airline companies. They reported the following in their financial statements (in millons of dollars,
Here to There Industries, and OIsson Transport are two publicly traded airline companies. They reported the following in their financial statements (in millons of dollars, except per-share amounts and stock prices): Required: 1-a. 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. 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. 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 calculotions. Round your answers to 1 decimal place.) Here to There Industries, and Olsson Transport are two publiciy traded airline companies. They reported the following in their financial statements (in millions of dollars, except per-share amounts and stock prices): Required: 1-a. 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. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021 ? 2-a. Compute the 2021P/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. Compute the 2021 P/E ratio for each company. (Round your answers to 1 decimal place.)
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