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Using the Annual Report of American Airlines (link at the bottom) answer the following questions: What balance sheet format does your company use? What is

Using the Annual Report of American Airlines (link at the bottom) answer the following questions:

  • What balance sheet format does your company use?
  • What is the company's largest current asset and largest current liability at year end?
  • Compute the current ratio at year end.
  • Did the current ratio improve, worsen, or hold steady?

http://phx.corporate-ir.net/phoenix.zhtml?c=117098&p=irol-reportsannual

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