Southwest Airlines is a major airline. The following information was taken from its 2019 annual report. Compute
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Southwest Airlines is a major airline. The following information was taken from its 2019 annual report. Compute the missing amounts in the following table. Describe and evaluate the company's cash management activities in each of the three years (dollars in millions).
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2019 2018 2017 Beginning cash balance $ $ 1,495 $ ? Net cash flow from operating activities 3,987 4,893 3,929 (2,038) Net cash flow from investing activities Net cash flow from financing activities ? (2,408) (2,990) $ 2,548 ? (1,706) Ending cash balance $ 1,854 $ %24
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Answer 2019 2018 2017 Beginning Cash Balance 1854 1495 1680 Net ...View the full answer
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