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Technology Stocks : Internet Analysis - Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Joe E. who wrote (58)2/2/1999 4:31:00 PM
From: Reginald Middleton  Read Replies (1) | Respond to of 419
 
The acid test for an expense is to determine whether the benefit derived from the cash outlay is expected to expire in the current period or last (or manifest itself) X periods in the future. Administrative costs are expenses, thier benefit expires in the year cash is disbursed. R&D and marketing benefits are expected to be annually occuring for X years (or else why would anybody spend the money:-).


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