($ Millions) JetBlue Airways Southwest Airlines Total...

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Accounting

($ Millions) JetBlue Airways Southwest Airlines
Total liabilities, 2017 $ 4,947 $ 13,973
Total current liabilities, 2017 $ 2,395 $ 6,905
Total liabilities, 2016 $ 5,310 $ 14,845
Total current liabilities, 2016 $ 2,214 $ 6,844
Total assets, 2017 $ 9,781 $ 25,110
Total current assets, 2017 $ 1,206 $ 4,815
Total assets, 2016 $ 9,323 $ 23,386
Total current assets, 2016 $ 1,403 $ 4,498
Revenue, 2017 $ 7,015 $ 21,171
Net income, 2017 $ 1,147 $ 3,488

(Please show your work so I can learn)

e.) For each company, compute the return on assets ratio (ignore any interest and tax impact just use net income/total average assets) for 2017. Which Company earned the higher return based on its assets?

f.) Based on your answers to questions a - e, compare these two competitors, specifically if you had $10,000, which would you invest in. What might be the cause of any differences in the ratios that you computed?

g.) Name three specific ways/strategies that the companies could improve their current ratio.

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