1 In parallel with your education at Aarhus University, you have got a student job at the company Lkkerier A/S. Lkkerier A/S produces and sells food, primarily biscuits ww and cakes, in Northern Europe. The company's administration and production are located in Skejby in the northern part of Aarhus. The company submits an annual report in accordance with the Danish Financial Statements Act provisions for accounting class C companies, and the company has calendar annual accounts. You are in January 2022. Exercise 1 (15%) The company's longtime accountant has been sent into isolation as a result of a positive Corona test, which is why the company's director has asked you a number of questions in her absence. Listed below are 5 claims. For each statement, please indicate whether you "agree" or "disagree" and give brief reasons for this: 1. In the spring of 2021, Lkkerier A/S distributed 10 million DKK in dividend. The yield must be classified as investing activity in the company cash flow statement. 2. Lkkerier A/S can recognize revenue according to the production method (percentage of completion), as the company is a manufacturing company. 3. During the financial year, Lkkerier A/S took out a bank loan. First recognition of the loan must happen at cost price. 4. One of Lkkerier A/S 'larger customers has just gone bankrupt, and no one is expected dividends. Lkkerier A/S has a receivable from the customer of 0.5 million DKK. The loss must only be recognized when the bankruptcy estate has been completed. 5. The director of Lkkerier A/S has flatly rejected a proposal from a board member to measure inventory at sales price instead of cost price, because the director believes that this is contrary to the Danish Financial Statements Act