(Mt) – BUSN 470 Regent University South Airlines Financial Position Questions

SOLUTION AT Academic Writers Bay

Attached.Running head: SOUTHWEST AIRLINES CO.Southwest Airlines Co.Institution AffiliationDate1SOUTHWEST AIRLINES CO.2What is the organization’s financial position and financial strategy – how do they make andinvest their money?Southwest co. is in a good financial position, as reflected by its financial statements. Anevaluation of the fiscal year ending 2018 shows an actual sale of $21, 965 million, a 3.87% salesgrowth, and a net income of $2,465m (Hoover’s Company Records, 2020). Other aspects such asassets stood at $ 26,463 million, shareholders’ equity at $ 9,853m, and total liabilities at $16,390m at the close of the fiscal year (Hoover’s Company Records, 2020). Its financial strategyleverages on deep focus on customer experience, extremely efficient operations, logisticsresolutions, and low-cost pricing. The company is committed to various practices that bring inresources, shed in revenues, and profits within the institution. The primary source of income forthe company is flight services on both the international and local scope. The company also has amaintenance hangar where they offer flight maintenance services for other American companies.Being a reputable company within…

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