Results of Capitalizing Leases (2)

United Airlines declared corporate bankruptcy on December 9, 2002.8 The ratios in Exhibit 4.8 tell us why—United has very little equity and has been heading in the wrong direction, even before September 11. The adjusted debt-to-total capital ratio shows that equity makes up only 1 percent [more...]

Date: 2009-01-09 00:06:53

Blog posts (1) | Videos (1)
 

1 Results