Cash flow statement :
Note 3
Sir ,
Why cost incurred in research phase of $2m and initial marketing cost of $1m was not included in consolidated statement of cash flow...???
Ask the Tutor ACCA SBR
Dec 2010 ( Jocatt group )
8y ago#1As these are revenue expenses they will have been deducted in arriving at profit before tax. So only the capital expenses are included in the cash flows from investing activities.
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