AP Suppose the following data are derived from the 2025 financial statements of Southwest Airlines. (All dollars

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AP Suppose the following data are derived from the 2025 financial statements of Southwest Airlines. (All dollars are in millions.) Southwest has a December 31 year-end.

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Instructions

a. After analyzing the data, prepare a statement of cash flows for Southwest Airlines for the year ended December 31, 2025.

b. Discuss whether the company's net cash provided by operating activities was sufficient to finance its investing activities. If it was not, how did the company finance its investing activities?

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Related Book For  book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9781119791089

10th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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