Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
But that seems like you should deduct intangibles, I mean, deduct them from revenue. I guess the reason you didn't deduct them in the Wrigley's example is that they are already included in cost of sales?

The company I am working on breaks out R&D as a seperate item, so I deduct that on the defensive statement, and then after I depreciate it, I deduct it again on the enterprising statement.

I think this is right?

Thanks for your help, Mr Heiserman.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.