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Question - The following data are derived from the 2009 financial statements of Southwest Airlines. All dollars are in millions. Southwest has a December 31 year-end.
Cash balance, January 1, 2009
$1,390
Cash paid for repayment of debt
122
Cash received from issuance of common stock
144
Cash received from issuance of long-term debt
500
Cash received from customers
9,823
Cash paid for property and equipment
1,529
Cash paid for dividends
14
Cash paid for repurchase of common stock
1,001
Cash paid for goods and services
6,978
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