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刘同学2019-12-07 01:49:36

Assume U.S. GAAP applies unless otherwise noted. Two companies are identical except for their accounting treatment of R&D costs. One company expenses all such costs immediately, while the other capitalizes a portion of the costs. Compared with the company that capitalizes costs, the company that expenses immediately will most likely: A earn a lower return on assets. B have lower financial leverage. C report lower cash flow from operations in the statement of cash flows 您好, A选项不对吗?

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吴慧敏2019-12-07 11:19:28

【R&D费用化】,当期费用增加,利润减少。之后几期没有费用。
【R&D资本化】,记为资产,资产增加。且总费用摊销在几年,当期费用少于【R&D费用化】,之后几期费用大于【R&D费用化】

A选项,ROA=NI/asset
【R&D费用化】的情况下资产小于【R&D资本化】,费用大于【R&D资本化】,NI小于【R&D资本化】,分子分母同时变小,最终的变化不确定。而C选项的确定性更高,因此选C

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