In January 2019, United Airlines (UAL) had a market capitalization of $22.73 billion, debt of $13.63 billion, and cash of $3.81 billion. United Airlines had revenues of $40.87 billion. Southwest Airlines (LUV) had a market capitalization of $27.48 billion, debt of $3.48 billion, cash of $3.65 billion, and revenues of $21.72 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.) In January 2019, United Airlines (UAL) had a market capitalization of $22.73 billion, debt of $13.63 billion, and cash of $3.81 billion. United Airlines had revenues of$40.87 billion. Southwest Airlines (LUV) had a market capitalization of $27.48 billion, debt of $3.48 billion, cash of $3.65 billion, and revenues of $21.72 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.)

Answered: In January 2019, United Airlines (UAL)…

Cornerstones of Financial Accounting

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ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

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Problem 88PSA: Ratio Analysis Consider the following information taken from the stockholders equity section: How do...

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In January 2019, United Airlines (UAL) had a market capitalization of $22.73 billion, debt of $13.63 billion, and cash of $3.81 billion. United Airlines had revenues of $40.87 billion. Southwest Airlines (LUV) had a market capitalization of $27.48 billion, debt of $3.48 billion, cash of $3.65 billion, and revenues of $21.72 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.)

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