Accounting

E13-8

Taguchi Company

Cash flows from operating functions

Net income 103,000

Wear and tear expense 34,000

Reduction in inventory 19,000

Reduction in accounts payable (8,000)

Rise in accounts receivable (9,000) 36,000

Net cash furnished by operating

  Activities   139,000

Cash flows: investing

Sale of land   25,000

Buying of machinery (60,000)

Net cash used by investing

  Activities   (35,000)

Cash flows: financing

Issuance of ordinary shares   42,000

Payment of cash dividends (45,000)

Redemption of bonds   (50,000)

Net cash used by financing

  Activities   (53,000)

Net increase in cash    51,000

Cash at start of period    22,000

Cash at conclusion of period 73,000

E14-3

A. Conrad Corp.

| | | | | | | | | |Percentage |

| | | | | | | |Rise | |Alteration |

| | | |2012 | |2011 | |(Reduction) | |from 2011 |

| | | | | | | | | | |

| |Existing assets | | 74,000 | | 80,000 | |(6,000) | |(7.5%) |

| |Property, plant machinery | |99,000 | |90,000 | |9,000 | |10.0% |

| |Intangibles |...