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These excerpts taken from the GIS 10-K filed Jul 11, 2008. Research and
Development All expenditures for research
and development (R&D) are charged against earnings in the
year incurred. R&D includes expenditures for new product
and manufacturing process innovation, and the annual
expenditures are comprised primarily of internal salaries,
wages, consulting, and other supplies attributable to time spent
on R&D activities. Other costs include depreciation and
maintenance of research facilities, including assets at
facilities that are engaged in pilot plant activities.
Research and Development All expenditures for research and development (R&D) are charged against earnings in the year incurred. R&D includes expenditures for new product and manufacturing process innovation, and the annual expenditures are comprised primarily of internal salaries, wages, consulting, and other supplies attributable to time spent on R&D activities. Other costs include depreciation and maintenance of research facilities, including assets at facilities that are engaged in pilot plant activities. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for GIS: |
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