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I think you read "revenue" as "disposable income." R&D as a percent of revenue is a pretty common metric in the investment world. It's not perfect, like most a
by AlbertCory 4y ago
I think you read "revenue" as "disposable income."
R&D as a percent of revenue is a pretty common metric in the investment world. It's not perfect, like most accounting metrics. Maybe there are people who measure R&D as a percent of (revenue - COGS) but I haven't seen that.
- BurningFrog 4y agoThat's more than I know, but you're probably right. Perhaps one day I'll revolutionize accounting with my ideas, but for now I'll accept this :)