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Suppose you have been presented with selected information taken from the financial statements of Southwest...

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Accounting

Suppose you have been presented with selected information taken from the financial statements of Southwest Airlines Co., shown below.

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Problem 10-6A Suppose you have been presented with selected information taken from the financial statements of Southwest Airlines Co., shown below SOUTHWEST AIRLINES CO. Balance Sheet (partial) December 31 (in millions) Total current assets Noncurrent assets Total assets 2017 $2,840 10,900 $13,740 2016 $4,900 12,265 $17,165 $2,840 6,540 $4,710 5,000 9,3809710 7,455 $17,165 Current liabilities Long-term liabilities Total liabilities 4,360 $13,740 Shareholders' equity Total liabilities and shareholders' equity Other information

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