Data: Use SEC EDGAR or another resource to obtain financial statements and notes for the following...

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Accounting

Data: Use SEC EDGAR or another resource toobtain financial statements and notes for the following firms andfiscal year-ends. You can use their 10-K’s or annual reports.
Company
Exchange: Ticker
Fiscal year end
Amgen
NASDAQ: AMGN
December 31, 2017
Dollar Tree
NASDAQ: DLTR
February 3, 2018
How does Amgen account for research and development costs?
In 2015, Amgen acquired Dezima Pharma B.V. for totalconsideration of $410 million. What would Amgen’s goodwill balancehave been on December 31, 2017 if the total consideration was only$330 million. Assume no other changes (e.g., same ‘Currencytranslation adjustments’ in Note 12
What identifiable intangible assets do Amgen and Dollar Treereport in the notes to their financial statements? Listthem.

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4.5 Ratings (708 Votes)

Ans Account Research and development cost Research and development costs are general expenses which are research and development These expenses are collection of expenses used for research like cost of paper internet resources used cost or rent of journals and books purchased cost of conduct surveys See Answer

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Company	Exchange: Ticker	Fiscal year end
Amgen	NASDAQ: AMGN	December 31, 2017
Dollar Tree	NASDAQ: DLTR	February 3, 2018