Question

Q1. Complete the common-size statements for 2010 by dividing each amount on the Statement of Cash Flows by the amount of NCOA of the same year.
Q2. LUV made payments on long-term debt during (____________ / ____________ / 2009).
Q3. LUV issued additional shares of common stock during (2011 / ____________ / ____________).
Q4. During 2011 the greatest source of cash was (____________ / selling PPE / issuing debt) and the greatest use of cash was (____________ / paying back debt / paying cash dividends).
Q5. Total cash increased during (2011 / ____________ / 2009) and decreased during (____________ / 2010 / ____________).


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  • CreatedSeptember 17, 2015
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