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Which the entity can amortize the copyright

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Reference no: EM132919938

Question 1: R. Santiago Co. got a copyright that has remaining legal life of 40 years. The copyright initially had a 30- year useful life. An analysis of market trend and consumer habit indicated that the copyrighted material will generate positive cash flows for approximately 25 years. In years, determine the remaining useful life over which the entity can amortize the copyright?

Reference no: EM132919938

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