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Discussion Topic 2 Financial Reporting Respond to the following in a minimum of 250 words: This week focuses on criteria for calculating capital changes and consolidated financial statements. Discuss 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 […]

Discussion Topic 2 Financial Reporting Respond to the following in a minimum of 250 words: This week focuses on criteria for calculating capital changes and consolidated financial statements. Discuss 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 […]

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