Please refer below url to answer the question httpswwwsecgov

Please refer below url to answer the question

https://www.sec.gov/Archives/edgar/data/1564408/000156459017010357/snap-10q_20170331.htm

1 ) What is the $ capex in the first quarter of 2017?

a) 12452

b) 0

c) 17,993

2) What is the operating margin for the first quarter of 2017?

a) -14.79%

b) -1479%

c) -1476%

3) What is the R&D as a percent of revenue in the first quarter of 2017?

a) 538%

b) 72%

Solution

As per the financials,

3) Research and development expense in first quarter of 2017 = $ 805,848

Revenue for the first quarter = $ 149,648

Therefore, R & D as a percentage of revenue will be = 805,848/149648 = 538%

Option (a) is correct.

2) Operating margin of first quarter of 2017 :

Operating margin = operating earnings / revenue *100

Operating earnings as per the financials = (22,13,767) I.e., Loss from operations

Therefore, Operating margin = (22,13,767)/149648 *100 = - 14.7895 = -1479%

Option (b) is correct

1) Capex can be found in the cash flow from investing activities in a company\'s cash flow statement.

An expense is considered to be capital expenditure when there is a purchase of new asset or there is a investment in existing asset which can improve useful life of that asset.

From the financial data. We can see that, there is a purchase of property, plant and equipment for a value of $ 17,993 which can be seen in cash flow from investing activities.

Therefore, capex for the first quarter of 2017 = $ 17,993

Option (c) is correct.