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How is the value of intangible assets determined

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Question 1. What are intangible assets providing examples of them and how they are reflected in the financial statements?

Question 2. How is the value of intangible assets determined and do they decrease in value over time as other assets or do they maintain their value?

Question 3. Can a firm own other firms and if so why would they do so? Does Federal Government get involved in this action and if so why would they add to the complexity of the action?

Question 4. If by chance a firm does own other income producing assets how are they reflected in their financial status.

Reference no: EM132608100

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