Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In January 2022, United Airlines (UAL) had a market capitalization of $13.87 billion, debt of $35.74 billion, and cash of $18.38 billion. United Airlines had
In January 2022, United Airlines (UAL) had a market capitalization of $13.87 billion, debt of $35.74 billion, and cash of $18.38 billion. United Airlines had revenues of $24.17 billion. Southwest Airlines (LUV) had a market capitalization of $26.25 billion, debt of $12.27 billion, cash of $15.72 billion, and revenues of $16.02 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 two decimal places.)
In January 2022, United Airlines (UAL) had a market capitalization of $13.87 billion, debt of $35.74 bilion, and cash of $18.38 billion. United Artines had revenues of \$24.17 billion Southwest Airlines (LUV) had a market capitalization of $26.25 bilion, debt of $12.27 bllion, cash of $15.72 bilion, and revenues of $16.02 billion. a. Compare the market capitalization-lo-revenue ratio (also called the price-lo-sales rotio) for United Airlines and Southwest Airlines b. Compare the enterprise value-lo-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 prico-to-sales ratio) for Unitod Airlines and Southwest Arlines. The market capitalization-to-revenue ratio for United Airtines is (Round to two decimal places.) Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started