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.
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