uploaded the questions.

Capital Develop selections from Footnote 18) Product Development in Progress (6 millions) 4525 Intangible 1.539 1,426 (809) 5.196 Cost Balance at 31 March 2016 ... Additions internally developed .. 2,156 1635 769 (138 Disposals Balance at 31 March 2017 Amortization. Balance at 31 March 2016 Amortization for the year 2.266 2.930 2,156 Disposals. Balance at 31 March 2017 Ner book value at 31 March 2017 .... the fiscal year end italization ratios for fiscal 2016-2017 erage balancesa Il within the range Required: 1. What percentage of R&D expenditures was capitalized during the March 31, 2017? How does this percentage compare with the capitaliza German automakers profiled in Exhibit 4.4? oduct development costs by dividing average 2. Estimate the average useful life of product development costs by diy talized duct development costs by the amortization expense for Compute average capitalized product ge capitalized product development costs as simple average ha the beginning and end of each fiscal year. Does your estimate fall within the the useful lives for development costs disclosed in the accounting policy footnoten 3. The table below contains metrics as reported in JLR's three primary financial ments. Convert these metrics to a U.S. GAAP basis. Where necessary assume the JLR's tax rate is 21.1 percent, a rate disclosed in Footnote 14, Taxation. U.S. GA Profit before tax Net profit (after tax) Total assets Shareholders' equity ..... Operating cash flow Capital expenditures As Reported (IFRS) ( millions) 1.610 1,272 10,962 6,581 3,160 3,056 "Expenditures for both PPE and intangibles