Discussion post on investments for delta airlines.

Investments Discussion Using the Annual Report of your selected company(Delta Airlines), answer the following questions in the discussion: What depreciation method does the company use for reporting in its financial statements? Why do you think they chose this method? What was the amount of depreciation and amortization for the year end? Compute the asset turnover ratio for the year-end. How does this ratio compare to the industry ratio? What does this tell you about the company? What classifications of debt and/or equity security investments does the company hold? How are the company's available-for-sale investments reported? How are the company's trading investments reported? Post the name of your selected company and the link to the statement with your discussion post. You may use a service such as Yahoo Finance to help research industry averages. The notes to the financial statements will also be of use in answering the discussion questions. For many of the ratios in the discussion, you will need 2-3 years' worth of financial data. Read the posts of your classmates on their chosen companies, review the applicable Income Statements, and reply to at least two of your peers. This does not have to be a long essay. Example of the discussion post What depreciation method does the company use for reporting in its financial statements? Why do you think they chose this method? Amazon uses straight-line method. I believe the company uses this method as it results in fewer error, is the most consistent, and transitions well from company-prepared statements to tax returns. What was the amount of depreciation and amortization for the year end? Amazon annual total depreciation and amortization - cash flow for 2019 was $21.789B, a 42.03% increase from 2018. Compute the asset turnover ratio for the year-end. Amazon’s asset turnover ratio for the fiscal year that ended in Dec. 2019 was 1.25. How does this ratio compare to the industry ratio? What does this tell you about the company? Compared to the industry, Amazon’s total asset turnover ratio deteriorated significantly from 2018 to 2019. References https://s2.q4cdn.com/299287126/files/doc_financials/2020/ar/2019-Annual-Report.pdf (Links to an external site.) Niu, E. (2020, February 04). How an Accounting Tweak Will Make Amazon's Most Profitable Business Even More Profitable. Retrieved August 03, 2020, from https://www.fool.com/investing/2020/02/04/how-an-accounting-tweak-will-make-amazons-most-pro.aspx Dybek, M. (2020, February 01). Amazon.com Inc. (NASDAQ:AMZN): Analysis of Liquidity Ratios. Retrieved July 29, 2020, from https://www.stock-analysis-on.net/NASDAQ/Company/Amazoncom-Inc/Ratios/Liquidity