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This problem set uses Southwest for ALL questions. To start, go to its investor relations...

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Accounting

This problem set uses Southwest for ALL questions. To start, go to its investor relations page and get its latest annual report (10-K). Make sure to use the last 3 full years!
All your responses will be in the YELLOW areas only!
1. Using the firm's financials:
a. Fill the income statement (in million $). Expenses without their own line should be grouped under "All other expenses". The net income lines must tie using formulas
b. Create the common size income statement (as a % of operating revenues for that year)
c. Show year-on-year (YoY, in %) growth
d. What happened to the profit margins?
e. What are the actual tax rates? EPS?
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