Chapter 1

2-38.In early-2015, United Airlines (UAL) had a market capitalization of $24.8 billion, debt of $12.8 billion, and cash of $5.5 billion. United also had annual revenues of $38.9 billion. Southwest Airlines (LUV) had a market capitalization of $28.8 billion, debt of $2.7 billion, cash of $2.9 billion, and annual … ................
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