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This spreadsheet converts R&D expenses from operating to capital expenses. It makes the appropriate adjustm
income, the book value of assets and the book value of equity.
(It can also be used to convert other intangible assets, such as human capital, into capital invested.
Inputs
Current year's numbers
Pre-tax Operating income ( $3,195.00
Tax rate 40.00%
Net Income $1,025.00
Book value of capital $5,256.00
Capital expenditures $655.00
Depreciation & Amortizatio $525.00
capital invested.