Yahoo reported the following in its 2008 financial, Ask an Expert

Accounting

Yahoo! reported the following in its 2008 financial statements (in thousands):

Dec 31, 2007 Dec 31, 2008
Total assets $12,229,741 $13,689,848
Revenues 6,969,274 7,208,502
Product Development
expense 1,084,238 1,221,787
Net Income 660,000 424,298

What is Yahoo's common-size product development expense for 2008?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M972371

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