Obtain Nestles 2013 annual report using the Investor Relations portion of its website (do a web search

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Obtain Nestle’s 2013 annual report using the “Investor Relations" portion of its website (do a web search for Nestle investor relations).
Required:
1. What was the total amount of intangible assets that Nestle reported at the end of2013, and what was the amount of each component?
2. What is the value of Nestle \s intangible assets (other than goodwill) with an indefinite life?
3. Docs Nestle capitalize its R&D costs related to new' products? Why or why not?
4. Compute the estimated average useful life of the intangible assets with a finite life.
5. Did Nestle report any impairments of intangible assets? If so, provide a brief discussion of what the impairment related to and its amount.
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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