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In 2016 and 2015, Sears Holding Corporation reported net losses and negative cash flows from operating activities. Using the companys 10-K for the fiscal year
In 2016 and 2015, Sears Holding Corporation reported net losses and negative cash flows from operating activities. Using the companys 10-K for the fiscal year ended January 28, 2017 (fiscal year is 2016), answer the following questions:
- What was Sears net incomes and cash flows from operating activities for 2016 and 2015?
- How was Sears able to pay its bills given that it has such large, negative cash flows from operating activities in 2016 and 2015? Be specific.
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