Question

For the nine months ended 12/31/16, HH Gregg (HGGGQ) had negative EBITDA of about (50mm) and...

For the nine months ended 12/31/16, HH Gregg (HGGGQ) had negative EBITDA of about (50mm) and capital expenditures of about 18.5mm but cash barely declined. How was this negative cash flow primarily financed?

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Answer #1

As per the given information capital expenditure means purchase of assets are made for long term purpose which can be used in the business for earning future benefits.

Cashflow statement states inflows and outflow of cash if the transaction is non cash than it will not appear in cash flow statement.

As per the information cash barely declined means capital expenditure is done through exchange for consideration other than cash.

It may be possible that transaction is done with exchange of asset, shares, stock etc

Please please upvote it at the end thank you so much

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