Experience 2. The Real World EDGAR: Delta Airlines (ticker: DAL) and Southwest Airlines (ticker: LUV) Visit www.sec.gov and search for the annual reports (10-K) of Delta and Southwest for the year ended December 31, 2022, using EDGAR Locate the balance sheet and income statement of each company Required 1. Calculate the current ratio and acid-test ratio for both companies. Which company has a greater liquidity risk? 2. Calculate the times interest earned ratio and the debt to equity ratio for both companies. Which company has greater solvency risk? When calculating the times interest earned ratio for Delta, use the "Interest expense, net" for the value of interest expense in the ratio Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the current ratio and add-test ratio for both companies. Which company has a greater liquidity risk? Note: Round your answers to 2 decimal places. Southwest Acid test ra 0501 0251 Of the two companies Southwest has greater liquidity risk Required Required 2>

Power System Analysis and Design (MindTap Course List)
6th Edition
ISBN:9781305632134
Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Chapter6: Power Flows
Section: Chapter Questions
Problem 6.22P
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Experience 2. The Real World
EDGAR: Delta Airlines (ticker: DAL) and Southwest Airlines (ticker: LUV)
Visit www.sec.gov and search for the annual reports (10-K) of Delta and Southwest for the year ended December 31, 2022, using
EDGAR Locate the balance sheet and income statement of each company
Required
1. Calculate the current ratio and acid-test ratio for both companies. Which company has a greater liquidity risk?
2. Calculate the times interest earned ratio and the debt to equity ratio for both companies. Which company has greater solvency
risk? When calculating the times interest earned ratio for Delta, use the "Interest expense, net" for the value of interest expense
in the ratio
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Calculate the current ratio and add-test ratio for both companies. Which company has a greater liquidity risk?
Note: Round your answers to 2 decimal places.
Southwest
Acid test ra
0501
0251
Of the two companies Southwest
has greater liquidity risk
Required
Required 2>
Transcribed Image Text:Experience 2. The Real World EDGAR: Delta Airlines (ticker: DAL) and Southwest Airlines (ticker: LUV) Visit www.sec.gov and search for the annual reports (10-K) of Delta and Southwest for the year ended December 31, 2022, using EDGAR Locate the balance sheet and income statement of each company Required 1. Calculate the current ratio and acid-test ratio for both companies. Which company has a greater liquidity risk? 2. Calculate the times interest earned ratio and the debt to equity ratio for both companies. Which company has greater solvency risk? When calculating the times interest earned ratio for Delta, use the "Interest expense, net" for the value of interest expense in the ratio Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the current ratio and add-test ratio for both companies. Which company has a greater liquidity risk? Note: Round your answers to 2 decimal places. Southwest Acid test ra 0501 0251 Of the two companies Southwest has greater liquidity risk Required Required 2>
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