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The market capitalization-to-revenue ratio for Southwest Airlines is __________. (Round to three decimal places) b. Compare the enterprise value-to-revenue ratio for United Airlines and Southwest Airlines. The enterprise value-to-revenue ratio for United Airlines is ___________. (Round to three decimal places) The enterprise value-to-revenue ratio for Southwest Airlines is ____________. (Round to three decimal places) c. Which of these comparisons is more meaningful? Explain. (select all the choices that apply) A. You cannot meaningfully compare the market capitalization-to-revenue ratio when firms have different amounts of leverage, as market capitalization measures only the value of a firms equity. B. The market capitalization to revenue ratio is more useful when the leverage of firms is quite different, as it is here. C. The enterprise value to revenue ratio is more useful when the leverage of firms is quite different, as it is here. D. You cannot meaningfully compare the enterprise value to revenue ratio when firms have different amounts of leverage, as enterprise value measure only the value of a firms equity.

In January 2019, United Airlines (UAL) had a market capitalization of $23.26 billion, debt of $13.87 billion, and cash of $4.01 billion. United Airlines had revenues of $41.01 billion. Southwest Airlines (LUV) had a market capitalization of $27.34 billion, debt of $3.51 billion, cash of $3.57 billion, and revenues of $21.77 billion. a. Compare the market capitalization-to-revenue ratio (also called the price-to-sales ratio) for United Airlines and Southwest Airlines. b. Compare the enterprise value-to-revenue ratio for United Airlines and Southwest Airlines. c. Which of these comparisons is more meaningful? Explain. .. a. Compare the market capitalization-to-revenue ratio (also called the price-to-sales ratio) for United Airlines and Southwest Airlines. The market capitalization-to-revenue ratio for United Airlines is (Round to three decimal places.)

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