On November 20, 2021, Hengrui Pharmaceuticals Co. announced that it decided to change capitalization point of R&D

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On November 20, 2021, Hengrui Pharmaceuticals Co. announced that it decided to change capitalization point of R&D expenditure to make the measurement of R&D expenditure more in line with the company's actual situation.

Required:

(1) Describe the financial performance of Hengrui Co..

(2) What's the type of this change? And what's the method for the change?

(3) What are expected effects on the financial statements of Hengrui Co.. by this change?

(4) What are reasons for this change for Hengrui Co..

(5) What are usefulness and limitation of EPS?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Jul 17, 2022 12:05 AM

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On November 20, 2021, Hengrui Pharmaceuticals Co. announced that it decided to change capitalization point of R&D

Question:

Expert Answer:

Step 11 1 The financial performance of company is satisfactory 2 The method of R D capital expenditu... View the full answer

Data Analysis and Decision Making

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