Statement of Cash Flows
Select a publicly held company and look up its financial statements, particularly the statement of cash flows using a source, such as finance.yahoo.com, and then downloading the SEC filing Form 10-K for the most recent year. Post a link to the financial statement. Summarize what you have found after analyzing the operating, investing, and financing sections. In what sections is the company generating a positive cash flow?
Please use Spirit Airline as the company. 350-400 words
Explanation & Answer
Statement of cash flows: Spirit Airlines (SAVE)
The cash and cash equivalent at the end of the 2016 financial period is $701 million a decrease
from $803 million in 2015. The adjustments to reconcile net income to net cash provided by
operating activities include unrealized losses on open derivative contracts, losses reclassified
from other comprehensive income, equity-based compensation, allowance for doubtful acc...
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