Question: 1. The adjustments in non-cash working capital accounts statement for 2013.

In 2013, the management committee of Austin Industries Inc. would like to inwest CASE 1: AUSTIN INDU $75,000 in property, plant, and equipment. The board of directors would like approve the decision, but first they must find out how much cash will be generales by the operations in 2013. The members of the board also have the options of raising more funds from the shareholders and increasing their long-term borrowings. From the information shown on Austin Industries Inc. 2013 projected statement of financial position, identify the cash inflows and the cash outflows for the year 2013 2012 Austin Industries Inc. Statements of Financial Position As at December 31 (in S000s) 2013 Non-current assets Property, plant, and equipment 150 Accumulated depreciation/amortization Total non-current awets Current assets Inventaries 75 Trade receivables 30 Term deposits Cash 7 Total current assets 112 221 75 (26) 49 109 53 22 11 15 101 150 64 95 159 38 67 105 Total assets Equity Share capital Retained carving Total equity Non-current liabilities Long-term borrowing Current liabilities Trade and other payables Notes payable Other current liabilities Total current liabilities Total liabilitiss 26 8 18 3 IS 15 15 7 16 15 liabilities Total current liabilities Total liabilities Total equity and liabilities 3 15 36 62 221 7 37 45 150 Scanned by CamScanner Cases 117 In 2013, management of Austin Industries Inc, expects to generate $38,000 in profit. The board of directors will pay $10,000 in dividends to the shareholders. Questions Prepare the following statements: 1. The adjustments in non-cash working capital accounts statement for 2013 2. The statement of cash flows for 2013