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ONLY NEED 1A and 2A ANSWERED THANK YOU Luna Incorporated, and Here to There Industries are two publicly traded airline companies. They reported the following
ONLY NEED 1A and 2A ANSWERED THANK YOU
Luna Incorporated, and Here to There Industries are two publicly traded airline companies. They reported the following in their financial statements (in millions of dollars, except per-share amounts and stock prices): Required: 1-a. Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021 ? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value moreStep by Step Solution
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