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In January 2019, United Airlines (UAL) had a market capitalization of $22.41 billion, debt of $13.47 billion, and cash of $4.14 billion. United Airlines had

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In January 2019, United Airlines (UAL) had a market capitalization of $22.41 billion, debt of $13.47 billion, and cash of $4.14 billion. United Airlines had revenues of $40.81 billion. Southwest Airlines (LUV) had a market capitalization of $27.54 billion, debt of $3.25 billion, cash of $3.55 billion, and revenues of $21.55 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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