单选题
A European based company follows IFRS (International Financial Reporting Standards) and capitalizes new product development costs. During 2009 they spent 
million on new product development and reported an amortization expense related to a prior year's new product development of 
million. Other information related to 2009 is as follows: 
An analyst would like to compare the European company to a similar U. S. based company and has decided to adjust their financial statements to U.S. GAAP. Under U. S. GAAP, and ignoring tax effects, the cash flow from operations (
million on new product development and reported an amortization expense related to a prior year's new product development of million. Other information related to 2009 is as follows: An analyst would like to compare the European company to a similar U. S. based company and has decided to adjust their financial statements to U.S. GAAP. Under U. S. GAAP, and ignoring tax effects, the cash flow from operations (
【正确答案】
A
【答案解析】[分析] 如果对所有产品开发成本均进行了资本化处理，则应当从净收益中扣除相关费用，并加上之前资本化费用的摊销金额。相应地，营业现金流将扣除当年的产品开发费用，即营业现金流=290000000-25000000=265000000美元。需要注意的是，由于之前的产品开发成本的摊销金额属于非现金支出，从而不会对现金流产生影响。因此，本题的正确选项为A。
[考点] 成本资本化的影响；无形资产成本的资本化