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Why given expenditures could be considered form of capital

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Reference no: EM131567581

Question: a. Trends in Intangible Capital. The authors of the study in Application 4found that intangible capital became more important relative to conventional capital in terms of accounting for economic growth in recent years. Can you explain their finding?

b. Coke and Pepsi. Soft-drink companies spend a considerable amount of money on marketing. Explain why these expenditures could be considered a form of capital.

Reference no: EM131567581

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