Due Day 3, Thursday
The pharmaceutical industry spends billions of dollars each year on research and development. Rather than capitalize these R&D expenditures as intangible assets, companies are required to charge them to expense in the year incurred. Perform a key word search of pharmaceutical companies using the search engine of your choice. Select 2 of these companies and obtain their 10K report by using the SEC’s EDGAR system or going directly to the websites of the company you choose. For each company selected, determine:
Please present the dollar amount for each company's sales, total R&D costs, total operating expenses including R&D costs, and operating income, and provide the supporting calculations for your %s.
R&D would typically be presented as a separate line item under operating expenses or alongside it. To calculate R&D as a % of net sales is not difficult, since both items would be clearly presented on the income statement. With operating expense data, care should be exercised on whether total operating expenses already contains R&D costs or are operating expenses presented separately from R&D costs. Technically the R&D costs as a % of total operating expenses should be R&D divided by total operating expenses which include R&D, so we can see how much of the company's on-going, recurrent expenses are made up of R&D. Operating income should be presented as a separate line item on the income statement. If not, subtract cost of sales and operating expenses (including R&D) from sales and you get operating income.
We are a professional custom writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework.
Yes. We have posted over our previous orders to display our experience. Since we have done this question before, we can also do it for you. To make sure we do it perfectly, please fill our Order Form. Filling the order form correctly will assist our team in referencing, specifications and future communication.
2. Fill in your paper’s requirements in the "PAPER INFORMATION" section and click “PRICE CALCULATION” at the bottom to calculate your order price.
3. Fill in your paper’s academic level, deadline and the required number of pages from the drop-down menus.
4. Click “FINAL STEP” to enter your registration details and get an account with us for record keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
5. From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.