For each of the following companies, locate the most recent 10-K available using the EDGAR database (www.sec.gov/edaux/searches.htm): Walt Disney Corp., Schering Plough, Oncogene Science, Chicago Tribune, John Wiley & Co., RJR Nabisco, and Macromedia Inc.

Required

a. Identify a unique intangible asset owned by each company.

b. For each intangible asset, identify (1) its value in both dollars and as a percentage of total assets and (2) the method of amortization used. (Hint: You will find useful and relevant information in the Notes to the Financial Statements.)

c. Compare and contrast the different types of intangible assets reported by each company.

d. Identify any instances where one of these firms tried to “manage”its earnings by changing its method of amortizing intangible assets.