Reference no: EM132803294
Question - Organization costs $35,500Purchased trademarks 18,100
Development phase activities (meet all six development phase criteria) 29,600
Deposits with advertising agency for ads to promote goodwill of company 8,300
Excess of cost over fair value of identifiable net assets of acquired subsidiary 80,600
Cost of equipment acquired for research and development projects; the equipment has an alternative future use 125,200
Costs of researching a secret formula for a product that is expected to be marketed for at least 20 years 75,200
Payment for a favourable lease; lease term of 10 years 15,900
Required - How much must be presented as Intangible Assets?
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Calculate the approximate equivalent annual percentage
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: Development phase activities (meet all six development phase criteria) 29,600. How much must be presented as Intangible Assets
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