After reading the financial statements and footnotes of a company that follows IFRS, an analyst identified the
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After reading the financial statements and footnotes of a company that follows IFRS, an analyst identified the following intangible assets:
• product patent expiring in 40 years
• copyright with no expiration date
• goodwill acquired 2 years ago in a business combination Which of these assets is an intangible asset with a finite useful life?
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Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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