Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Southwest Airlines Co's (LUV) and Delta Airlines Inc's (DAL) 2022 10-Ks on SEC Edgar. that the year-end for both companies was December 31th,2022. Iswer the

image text in transcribed
Southwest Airlines Co's (LUV) and Delta Airlines Inc's (DAL) 2022 10-Ks on SEC Edgar. that the year-end for both companies was December 31th,2022. Iswer the following questions: 5. Calculate Southwest's Return on Assets (Show your work). (+1) 6. Calculate Delta's Return on Assets (Show your work). (+1) 7. Which company is utilizing their assets more effectively? Use the ratios above to explain how you can tell. (+1,+.5 for correct company and +.5 for explanation) 8. Refer to the notes of the Southwest 's financial statements, what expense line item is advertising costs included in on the financial statements (Hint: Find Note \#1.)? (+.5) 9. Find Delta's Net Income/Loss for 2022 and 2021. Then, calculate their Net Profit Margin in 2022 and 2021. Compare Net Income and Net Profit Margin. How did they change year-over-year, and why is this important? (+2,+1 for correct percentages and +1 for correct explanation) Southwest Airlines Co's (LUV) and Delta Airlines Inc's (DAL) 2022 10-Ks on SEC Edgar. that the year-end for both companies was December 31th,2022. Iswer the following questions: 5. Calculate Southwest's Return on Assets (Show your work). (+1) 6. Calculate Delta's Return on Assets (Show your work). (+1) 7. Which company is utilizing their assets more effectively? Use the ratios above to explain how you can tell. (+1,+.5 for correct company and +.5 for explanation) 8. Refer to the notes of the Southwest 's financial statements, what expense line item is advertising costs included in on the financial statements (Hint: Find Note \#1.)? (+.5) 9. Find Delta's Net Income/Loss for 2022 and 2021. Then, calculate their Net Profit Margin in 2022 and 2021. Compare Net Income and Net Profit Margin. How did they change year-over-year, and why is this important? (+2,+1 for correct percentages and +1 for correct explanation)

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

Credit Repair How To Repair Your Credit All By Yourself A Beginners Guide To Better Credit

Authors: Ernie Braveboy

1st Edition

1981032878, 978-1981032877

More Books

Students also viewed these Accounting questions

Question

Why are ratios and trends used in financial analysis?

Answered: 1 week ago