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WEB EXERCISE At the start of the chapter, we talked about how risky and volatile airlines' opera- tions were. Let's examine this further. Go to

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WEB EXERCISE At the start of the chapter, we talked about how risky and volatile airlines' opera- tions were. Let's examine this further. Go to finance.yahoo.com. Enter UAL for United Continental Holdings in the "Get Quotes" box. Go to "Company the left-hand margin. " along 2. Click on "Profile" in the left-hand column and write a one-paragraph description 3. Scroll down and click on the "Income Statement." Describe the pattern of change 4. Go to the "Balance Sheet." In one sentence, describe the pattern of change in of the company for"Total Revenue" and "Income from Continuing Operations" in one paragraph. stockholders' equity and indicate whether this does or does not appear to be a matter of concern. Click on "Analyst Estimates." Do UAL's earnings estimates appear to be more or less promising for the future? Finally, click on "Competitors." How does UAL compare to the other airlines and the industry in terms of operating margin? 5. 6. Note: Occasionally a topic we have listed may have been deleted, updated, or moved into a different location on a website. If you click on the site map or site index, you will be introduced to a table of contents that should aid you in finding the topic you are looking for

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