Note 25 to High Liner's financial statements shows that inventories increased by $34,828,000 in the year ended

Question:

Note 25 to High Liner's financial statements shows that inventories increased by $34,828,000 in the year ended December 31, 2011. What impact does this increase have on cash from operations? Explain why.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...