The biggest expense for Coca-Cola is advertising, which is part of the selling, generals and administrative (G&A)
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The biggest expense for Coca-Cola is advertising, which is part of the selling, generals and administrative (G&A) expenses. A large portion of these expenses is designed to build up Coca-Cola's brand name. Should advertising expenses be treated as operating expenses or are they really capital expenses? If they are to be treated as capital expenses, how would you capitalize them? (Use the capitalization of R&D as a guide.)
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Investment Valuation Tools And Techniques For Determining The Value Of Any Asset
ISBN: 9781118011522
3rd Edition
Authors: Aswath Damodaran
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