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Business, 21.03.2020 06:52 jessica112776

G 2016 financial statement information, below to answer the following (figures presented in millions): Total Revenues: $20,425 Net Income: $2,244 Total Assets, Beginning of Year: $21,312 Total Assets, End of Year: $23,286 Equity, End of Year: $8,441 A. Calculate Southwest Airlinesā€™ return on assets (ROA) for the year ending December 31, 2016. B. Disaggregate Southwest Airlinesā€™ ROA into profit margin (PM) and asset turnover (AT). Explain what each ratio measures.

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