CHAPTER 2 Financial Statements and Analysis 95
Remember to check the book’s Web site at
http://www.aw.com/gitman
for additional resources, including additional Web exercises.
- How many shares of stock does Southwest have outstanding?
- What were the values of the following ratios for Southwest?
a. Current ratio
b. Operating profit margin
c. Debt/equity ratio
d. Return on equity
e. What other information would you need to evaluate Southwest’s finan-
cial performance on the basis of these ratios?
- Find More from Market Guideand click on Ratio Comparisons.Using these
data, summarize Southwest’s performance.