Question: Suppose the following data are derived from the 2017 financial statements of Southwest Airlines. (All dollars are in millions.) Southwest has a December 31 year-end
Instructions: (a) After analyzing the data, prepare a statement of cash flows for Southwest Airlines for the year ended December 31, 2017.
(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?