Research & Development

Metadata

  • Id: is_operating_expenses_r_and_d
  • Type: fundamentals
  • Subtype: income_statement
  • Units: currency
  • Decimal Points: 0
  • Currency Convertible: Yes
  • Tags: “research & development”, “R&D”, “innovation expenses”, “product development”, “research and engineering”

Description

Money that the business spends on things like inventing new products, improving existing ones, or finding new ways to make them. These are the costs for creating and developing the products or services that the business offers.