($ millions) Jet Blue Southwest

Total Liabilities, 2013 $4,059 $10,326

Total Liabilities, 2012 5,003 8,815

Total Assets, 2013 6,593 15,463

Total Assets, 2012 6,549 14,269

Revenue, 2013 3,779 12,104

Net Income, 2013 237 629

a. Compute the return on equity ratio for JetBlue and Southwest for 2013. (Round your answer to one decimal place.)

JetBlue Airways _____%

Southwest Airlines ______%

Which company earned the higher return for its shareholders?

b. Compute the debt-to-equity ratio for each company as of December 31, 2013. (Round your answer to one decimal place.)

JetBlue Airways _______

Southwest Airlines _________

Which company relies more on creditor financing?

c. For each firm, compute net income as a percentage of revenue in 2013. (Round your answer to one decimal place.)

JetBlue Airways_____%

Southwest Airlines _____%