Q1. Complete the common-size statements for 2010 by dividing each amount on the Statement of Cash Flows

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Q1. Complete the common-size statements for 2010 by dividing each amount on the Statement of Cash Flows by the amount of NCOA of the same year.
Q1. Complete the common-size statements for 2010 by dividing each

Q2. LUV made payments on long-term debt during (____________ / ____________ / 2009).
Q3. LUV issued additional shares of common stock during (2011 / ____________ / ____________).
Q4. During 2011 the greatest source of cash was (____________ / selling PPE / issuing debt) and the greatest use of cash was (____________ / paying back debt / paying cash dividends).
Q5. Total cash increased during (2011 / ____________ / 2009) and decreased during (____________ / 2010 / ____________).

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Interpreting and Analyzing Financial Statements

ISBN: 978-0132746243

6th edition

Authors: Karen P. Schoenebeck, Mark P. Holtzman

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