TSX:CUS.DB.D - Post by User
Comment by
pierrelebelon Oct 08, 2015 10:19am
169 Views
Post# 24174967
RE:RE:RE:RE:Easy Question Folks?
RE:RE:RE:RE:Easy Question Folks?
"distributable cash was a negative $15 million which therefore resulted in an increase in the overall debt!" I do not know what business scholl you went to but I suggest you contact them and ask for a refund.
To arrive at such conclusion (increase in debt) shows a total lack of understanding of basic accounting. A change in cash flow (and distributable cash) could be the result of a million things including change in accounts receivable, accounts payable, build up in inventory, etc....
Instead of doing "guess work" why don't you wait for the information to be publicly released?