1. During a meeting of the management committee of Edsel Corporation, a number of proposals are made to alleviate its weak cash position and improve income. Evaluate and comment on both the immediate and long-term effects of the following proposals on the measures indicated. Indicate increase (+), decrease (-), or no effect (NE). Make sure your answer is CLEAR in terms of all items below (113) and that you make an entry for EACH column (Net Income, Cash From Operations, and Cash Position).

Effect On
Cash From	Cash
Proposal	Net Income	Operations	Position
1. Substitute stock dividends for cash dividends
2. Delay needed capital expenditures
3. Reduce repair and maintenance outlays
4. Increase the provision for depreciation
a. For GAAP books only
b. For tax only
c. For both GAAP books and tax
5. Require earlier payment from clients
6. Delay payment to suppliers and pass up
cash discounts
7. Borrow money short term
8. Switch from sum-of-years'-digits to
straight-line depreciation for books only
9. Pressure dealers to buy more
10. Reduce funding of pension plan to minimum
legal level
11. Reduce inventories by implementing a just-in-time
inventory system
12. Sell trading securities that have declined by $1,000
in the current period but are still valued at $3,000
above cost
13. Reissue treasury shares