Question: Examine the operating activities section of MHR s statements of cash
Examine the operating activities section of MHR's statements of cash flows and Note 15 to the financial statements. What was MHR's cash flow from operations in 2011? Why was cash from operations so different from net income in 2011? By how much did MHR's inventory change in 2011? What was the impact of the change in inventory on cash from operations? Explain why the change has that effect.
Answer to relevant QuestionsCalculate MHR's inventory turnover ratio and the number of days inventory on hand for 2011 and 2010. (The amount of inventory sold in 2011 and 2010 isn't in the income statement-you have to look in the notes for it.) ...What is goodwill? How does it arise?Why is accounting for knowledge assets and intellectual capital such a difficult problem under IFRS?Wisdom Inc. tries to use conservative accounting methods. For example, it tends to make conservative estimates of the useful lives of capital assets (shorter lives rather than longer ones) and residual value (lower estimates ...Company A owns a world-renowned trademark, but it doesn't appear on its balance sheet. Company B owns a world-renowned trademark, which is valued on the company's balance sheet at $125,000,000. Explain why this difference ...
Post your question