Airline Industry

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Title: Airline Industry

Essay Details:

Subject: Business

Author: Jeannie M

Date: September 25, 2015

Level: University

Grade: A

Length: 10 / 2855

Essay text:

The cash ratio was the lowest (.31) in December 1999 and highest (.48) in December 2003. Since the average cash ratio is significantly lower than that of the current ratio, we can see that much of the assets of this firm are in its inventory; this also suggests that its assets can not cover its liabilities. When looking at the turnover ratio, we see that the lowest (.57) was in 2002 and the highest (.75) in 2000. These numbers are fairly equivalent to those of the industry. This also shows that the industry has poor asset turnover. Since the number is never above 1, they never make a full dollar in sales...

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