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Analysis Project: Long-Term Debt-Paying Ability (accounting help)
For South west airlines balance sheet and income statement : https://www.sec.gov/Archives/edgar/data/92380/000119312511026045/d10k.htm#toc147535_29
Calculate the following:
Times interest earned
Fixed Charge Coverage ratio
Horizontal Analysis (for evaluating ratios, trends, etc.)
Vertical Analysis (for evaluating ratios, trends, etc.
Then do the following:
Interprets and discusses results