Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER ALL PARTS Homework: Chapter 2 Homework Save Score: 0 of 1 pt 11 of 12 (9 complete) HW Score: 71.53%, 8.58 of 12

PLEASE ANSWER ALL PARTS image text in transcribed

Homework: Chapter 2 Homework Save Score: 0 of 1 pt 11 of 12 (9 complete) HW Score: 71.53%, 8.58 of 12 pts Question Help P 2-33 (similar to) In January 2016, United Airlines (UAL) had a market capitalization of $20.49 billion, debt of $12.07 billion, and cash of $5.19 billion. United Airlines had revenues of $38.78 billion. Southwest Airlines (LUV) had a market capitalization of $27.42billion, debt of $3.39 billion, cash of $3.08 billion, and revenues of $19.85 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.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Heavy Tailed Distributions In Finance

Authors: S.T Rachev

1st Edition

0444508961, 9780444508966

More Books

Students also viewed these Finance questions

Question

LG 23-5. Comprehend how risk can be hedged with swap contracts.

Answered: 1 week ago