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In January 2019 , United Airlines (UAL) had a market capitalization of $22.52 billion, debt of $13.34 billion, and cash of $3.87 billion. United Airlines
In January 2019 , United Airlines (UAL) had a market capitalization of $22.52 billion, debt of $13.34 billion, and cash of $3.87 billion. United Airlines had revenues of $41.08 billion. Southwest Airlines (LUV) had a market capitalization of $27.65 billion, debt of $3.37 billion, cash of $3.63 billion, and revenues of $21.87 billion. a. Compare the market capitalization-to-revenue ratio (also called the price-to-sales ratio) for United Airlines and Southwest Airlines. b. Compare the enterprise value-to-revenue ratio for United Airlines and Southwest Airlines. c. Which of these comparisons is more meaningful? Explain. a. Compare the market capitalization-to-revenue ratio (also called the price-to-sales ratio) for United Airlines and Southwest Airlines. The market capitalization-to-revenue ratio for United Airlines is (Round to three decimal places.)
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