Under US GAAP, the cash flows that should be included in the Investing Section of the Statement of Cash Flows are purchases of physical assets, investments in securities, or the sale of securities or assets.
This implies that US GAAP does not allow interest paid or received and dividends received to be classified under the Investing Section, unlike IFRS that gives entities the flexibility to classify the above items as either investing or financing activities.
Instead, the US GAAP requires that the above items are classified as operating cash flows.
Thus, the only cash flows that are included in the Investing Section of the statement of cash flows under US GAAP are cash flows (inflows and outflows) related to long-term physical assets and investments.
Learn more about the Investing Section of the statement of cash flows under US GAAP here: brainly.com/question/18568838
Answer:
$310,080
Explanation:
Incremental revenue refers to the additional revenue generated by a certain project or activity. In this case, your sales should increase by 16% from 102,000 units to 118,320 units. Total revenue will increase from $1,938,000 (= 102,000 x $19) to $2,248,080 (= 118,320 x $19).
The incremental revenue = $2,248,080 - $1,938,000 = $310,080
Answer:
77 stickers
Explanation:
Remember, we are told Tania gave half of the beeds she bought to Sally; implying 16 x 2 = 32 beads in total, which means Tania's leftovers should be 16 beads.
Second, note we are told the Ratio of number of beads to stickers Tania had left was 1:3;
implying that for every 1 beads left with Tania she also had 3 more stickers.
Since we know Sally received 16 beads from Tania we find the Ratio by multiplying 3/1x 16 = 48 stickers was left with Tania.
Adding the amount left with the amount given we arrive at 77 total stickers bought (48 +29).
