Examlex
The change from a straight to a kinked capital allocation line is a result of:
Ordinary Gain
A gain resulting from the sale or exchange of assets that are not capital assets, taxed at ordinary income tax rates.
Profit
The amount of revenue that remains after deducting the expenses, taxes, and costs associated with generating that revenue.
Operating Leases
Leases where the lessor retains substantial risks and rewards of ownership of the asset while leasing it to the lessee.
Note Disclosure
Informative notes accompanying financial statements, explaining the basis of preparation and detailing specific accounting policies.
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