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 K Make sure to use the last full years!
All your responses will be in the YELLOW areas only!
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 yearonyear YoY in growth
d What happened to the profit margins?
e What are the actual tax rates? EPS?
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