Reference no: EM132755675

Question - Charleston Aerospace Company had cash and cash equivalents of $200 million on December 31, 2011. The following items are on the company's statement of cash flows ($ in millions) for the first 6 months of 2012:

Capital expenditures for property and equipment $(1,710)

Receipts from customers 9,455

Interest paid, net (190)

Repurchase of common stock (193)

Sales of marketable securities 191

Retirement of long-term debt (160)

Payments to suppliers and employees (7,499)

Issuance of common stock for employee stock plans 251

Dividend payments (17)

Issuance of long-term debt 135

Other investing activity (134)

Taxes paid (167)

Omit the schedule reconciling net income to net cash provided by operating activities and the schedule of noncash investing and financing activities.