: Understanding the Cash Flow Statement (questions 1 – 7): Which of the events described below for ZRH Companyis an operating activity? View
: For the remaining questions, please consider the following cash transactions that happened in the company Becker GmbH in 2015 (amounts in €000): · Collections from customers: 500 · Purchase of equipment: 40 · Payment of dividends: 30 · Payment of taxes: 20 · Proceeds from sale of equipment: 20 View
: Downton Smith Ltd. purchased a piece of machinery on Jan 1st 2013 for €400,000. The company estimated a useful life of 10 years and a residual value of zero for this asset. On December 31st 2015, the company decided to sell the machinery for €350,000. View