Go to the Web site for investor relations Alaska Air Group and find the companys consolidated financial

Question:

Go to the Web site for investor relations Alaska Air Group and find the company’s consolidated for 2008 under financial reports. Using information in the company’s statement of cash flows, explain why, even though the company had a net loss of $136 million, cash flow from operations was a positive $164 million.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...