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Suppose you have been presented with selected information taken from the financial statements of Southwest OURCES inary 518 a SOUTHWEST AIRLINES CO. Balance Sheet (partial)

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Suppose you have been presented with selected information taken from the financial statements of Southwest OURCES inary 518 a SOUTHWEST AIRLINES CO. Balance Sheet (partial) December 31 (in millions) 2022 $2,825 10,750 $13,575 Total current assets Noncurrent assets 2021 $4,750 12,480 $17,230 Total assets Study Current liabilities Long-term liabilities Total liabilities Shareholders' equity Total liabilities and shareholders' equity $2,825 6,525 9,350 4,225 $13,575 $4,915 5,170 10,085 7,145 $17230 Other information: 2022 $ 175 2021 $ 630 350 110 135 Net Income (loss) Income tax expense Interest expense Cash provided by operations Capital expenditures Cash dividends (1,570 ) 930 122 2,780 1,405 10 16 (a) Calculate each of the following ratios for 2022 and 2021. 2022 2021 :1 :1 Current ratio (Round answers to 2 decimal places, e.g. 6.25:1.) 1. 2. Free cash flow (Enter negative amounts using either a negative sign preceding the number -45 or parenthesis e.g. (45).) $ $ 96 times times Debt to assets ratio (Round answers to o decimal places, e.g. 62%.) 4. Times interest earned (Round answers to 2 decimal places, e.g. 6.25.) Click If you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO Question Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANS

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