Assignment:
Create a 2 pagesand use APA format:
Fnancial statements of American Airlines, Delta Air Lines, and United Airlines:
Create a 2-3 page paper in APA format and compare and contrast current (2017) financial statements of American, Delta, and United (Income
Statement, Balance Sheet, and Cash Flow Statement) and determine which airline might be in best financial condition and why? Which airline might be in the worst financial condition and why?
Make this an original work that shows thoughtful consideration of all three statements and demonstrate the ability to analyze financial position of a firm based on the knowledge of airline finance that we have learned so far in the course. In addition to discussing the three financial statements of each firm (income statement, balance sheet, and statement of cash flows), be sure to also calculate several financial ratios of your choice to support your position.
DO NOT reference and re-write articles found online or copy and paste definitions, this is your own analysis, write in your own words. Feel free to discuss each airline's assets, liabilities, equity, revenues, expenses, etc. Anything you think is appropriate to support your statement.
Complete your paper in MS Word format.