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In 2023, Alaska Airlines recorded total revenues of $75 million and a cost of services of $45 million. The operating expenses were $17 million, while
In 2023, Alaska Airlines recorded total revenues of $75 million and a cost of services of $45 million. The operating expenses were $17 million, while the interest expense was $3 million, and tax expense was $4 million. The total assets of the company were reported to be $95 million and total liabilities were $55 million.
- Calculate the gross profit margin.
- Determine the operating profit margin.
- Compute the interest coverage ratio.
- Determine the return on equity (ROE).
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