Home » Accounting: Principles of Financial Accounting » What is the change in cash during the year? What is the change in cash during the year? 16. Question 16 What is the change in cash during the year? 1 / 1 point -5,500 -3,500 -500 1,500 Other Questions Of This Category The cash flow statement of Le Bernerhof SA showed, for year x2, CFO = €5,500 and CFI = -€10,200. The beginning and ending balances of the cash account in year x2’s balance sheet were €7,900 and…Understanding the difference between cash and profit (questions 4 – 5): The ABC Company recognizes credit sales of €100,000. The cost of the goods sold is €60,000. Answer the following two questions:…Fibertech GmbH is a distributor of outdoors technical clothing. The company outsources the production of clothing to external manufacturers in Bangladesh and sells the clothing under its own brands.…For the remaining questions, please consider the following transactions that happened in The Dorchester Company Ltd. in 2015 (amounts in £000): · Credit sales amounted to 5,000 (nothing was paid by…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…Which of the following statements is correct?Compute the cash flow from operations in x4: (Note: Fibertech treats interest payments as a cash flow from operations.)For the remaining questions, please consider the following transactions that happened upon the incorporation of Berry Company by its owner, John Berry, during the first week of January:An asset is classified as “current” if:Understanding how accounts relate to each other (questions 10 – 13): The managers of Moreton, Inc. prepared the following summaries of their company's assets and liabilities (amounts are in €…Which of the following statements is correct?Which of the following activities would have an effect on the cash flow from financing?Which of the following statements regarding year x1 is correct?Assume now that Agrokinsey Inc. had estimated a useful life of 15 years instead of 10 years with the same salvage value. Ignore any tax effects of this change in accounting policy. Which of the…How much was the total change in cash in 2015?