question archive Delta Air lines, one of the world’s largest airlines, provides passenger and cargo services throughout the United States and the world
Delta Air lines, one of the world’s largest airlines, provides passenger and cargo services throughout the United States and the world
Subject:FinancePrice:2.89 Bought3
Delta Air lines, one of the world’s largest airlines, provides passenger and cargo services throughout the United States and the world. Delta reported the following financial data on million) for the year ended December 31, 2008:
Net cash flows from operating activities $(1,707)
Cash and cash equivalents, December 31, 2008 4,255
a. Determine the monthly cash expenses. Round to one decimal place
b. Determine the ratio of cash to monthly cash expenses. Round to one decimal place
c. Based on your analysis, do you believe that Delta will remain in business?
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