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Compute the return on equity ratio for jetblue

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Reference no: EM132097694

Question - Data from the financial statements of JetBlue Airways and Southwest Airlines are presented below.

Total Liabilities, December 31, 2010

$5,039

$9,526

Total Liabilities, December 31, 2009

5,003

8,815

Total Assets, December 31, 2010

6,593

15,463

Total Assets, December 31, 2009

6,549

14,269

Revenue, 2010

3,779

12,104

Net Income, 2010

197

559

Required -

a. Compute the return on equity ratio for JetBlue and Southwest for 2010. Which company earned the higher return for its shareholders?

b. Compute the debt-to-equity ratio for each company as of December 31, 2010.

c. For each firm, compute net income as a percentage of revenue in 2010.

Reference no: EM132097694

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