Modeling Question - How to Create a Toggle between making R&D an Expense and Capitalizing It
Here's what I'm thinking for a quick model approach:
- Create R&D waterfall; R&D for that period/5 (or whatever arbitrary number to capitalize the asset) -Create a toggle that adds back the figure above into EBITDA if capitalizing R&D
Can someone let me know if this is the right way to approach this and if you have a better way to approach this?
Thanks!
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