Examining financial statements of a corporation

Reference no: EM1347083

You are examining the financial statements of a company. You observe patent amortization expense of $1.5 million and a loss on impairment of goodwill for $25 million.
(a) Describe how the accountants arrived at these amounts.
(b) Interpret any information provided by these disclosures.

Reference no: EM1347083

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