Please complete both requirements pictured, thank you! TransGlobal, and GEM...
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Accounting
Please complete both requirements pictured, thank you!
TransGlobal, and GEM Airways are two publicly traded airline companies. They reported the following in their financial statements in millions of dollars, except per-share amounts and stock pricesk Required: 1.a. Compute the 2021 ROE for each company. Express ROE as a percentage. TIP. Remember the bottom of the ROE ratio uses the average stockholders' equity. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2.a. Compute the 2021 PiE ratio for each company. 2.b. Which company do ifvestors appear to value more? Complete this question by entering your answers in the tabs below. Compute the 2021 ROE for each compary. Express ROE as a percentage. TIP: Remember the boktom of the ROE ratio uses the average stocktholders' equity. (Do not round your intermediate calculations. Round your answers to 1 decimal place.) TransGlobal, and GEM Airways are two publicly traded airline companies. They reported the following in their financial statements (in millions of dollars, except per-share amounts and stock prices): Required: 1-a. Compute the 2021 ROE for each company. Express ROE as a percentage. TIP: Remember the bottom of the ROE ratio uses the average stockholders' equity. 1-b. Which company appears to generate greater returns on stockholders' equity in 2021? 2-a. Compute the 2021 P/E ratio for each company. 2-b. Which company do investors appear to value more? Complete this question by entering your answers in the tabs below. Compute the 2021P/E ratio for each company. (Round your answers to 1 decimal place.)


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