Are employees considered assets in the financial statements


Southwest Airlines Co. is one of the most successful airlines in the United States. Its annual report contains the statement: “We are a company of People, not Planes. That is what distinguishes us from other airlines and other companies. At Southwest Airlines, People are our most important asset.” Are employees considered assets in the financial statements? Why or why not? Discuss in what sense Southwest considers its employees to be assets?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Are employees considered assets in the financial statements
Reference No:- TGS02307435

Expected delivery within 24 Hours