Question: Setup a statement of cash flows. Negative amounts use a negative sign. All dollar amounts are in millions. Kimmel, Financial Accounting, 7e Assignment Gradebook ORION

Setup a statement of cash flows. Negative amounts use a negative sign. All dollar amounts are in millions.  Setup a statement of cash flows. Negative amounts use a negative
sign. All dollar amounts are in millions. Kimmel, Financial Accounting, 7e Assignment

Kimmel, Financial Accounting, 7e Assignment Gradebook ORION ment Exercise 1-13 Suppose the following data are derived from the 2014 financial statements of Sou Cash balance, January 1, 2014 $1,477 Cash paid for repayment of debt 116 Cash received from issuance of common stock 145 Cash received from issuance of long-term debt 544 Cash received from customers 9,608 Cash paid for property and equipment 1,434 Cash paid for dividends 20 Cash paid for repurchase of common stock 1,049 Cash paid for goods and services 6,946 (a) After analyzing the data, prepare a statement of cash flows for Southwest Airlines f number e.g. -15,000 or in parenthesis e g. (15,000). Enter amounts in milli SOUTHWEST AIRLINES Statement of Cash Flows For the Year Ended December 31, 2014 (in mlillons) Cash at beginning of period

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!