10-400-13 Lecture Notes - Lecture 5: Operating Margin, Profit Margin, Gross Margin
1-902-06: Use of Accounting Information
Session 11
MARCH 2011 1 of 12
RESEARCH AND DEVELOPMENT COSTS
You will find below excerpts of the financial statements of Peugeot and Solvay, dated December
31, 2009. Please answer the questions on the following pages, based on these excerpts.
PEUGEOT
find more resources at oneclass.com
find more resources at oneclass.com
1-902-06: Use of Accounting Information
Session 11
MARCH 2011 2 of 12
find more resources at oneclass.com
find more resources at oneclass.com
1-902-06: Use of Accounting Information
Session 11
MARCH 2011 3 of 12
Excerpts from the note concerning accounting policies:
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
You will find below excerpts of the financial statements of peugeot and solvay, dated december. Please answer the questions on the following pages, based on these excerpts. Notes en bas + charge for the year. Questions: for each question below, please give the required information for both corporations. Question only for peugeot: according to note 8, the capitalized development costs are 1,082 million euros. Question only for solvay: for the year ended december 31, 2009, the research and development costs recognized as expenses are 555 million euros. Answers: research and development costs: a) amount recognized as an expense and b) sources of information. Information available directly in the consolidated income statement, under research and development expenses and in note 8. Information available in the consolidated income statement under research expenditure. Information available in note 8 and note 15. 1 (charge for the year).