ACC 291 Week 5 – Individual WileyPLUS Assignment Week Five – Exercise E13-8 , E14-3

Exercise E13-8

Taguchi Company

Statement of Cash flows-Indirect method

            For the year ended in December 31,2011

Cash Flows from operating activities

Net income                                                                                                                  103,000

Adjustments to receive net income to net cash

Exercise E14-3

A.                Horizontal Analysis

            Assets                                                              Amount           Percent

            Current assets                                                  (6,000)             (7.5)%

            Plant Assets                                                       9,000             10%

            Intangibles                                                      (13,000)           (32.5)% fff

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