Perpetual right to distribute beverages for sale

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Reference no: EM131537694

1. The cost of a reacquired franchise right in connection with previous acquisitions that provides an exclusive and perpetual right to distribute beverages for sale in geographic location is generally

A. recorded as a nonamortizable intangible asset.

B. expensed as incurred.

C. recorded as goodwill.

D. amortized over the contractual period.

2. PepsiCo’s total operating profit margin improved from 2013 to 2014.

True and False

Reference no: EM131537694

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