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1. Assume that Pfizer has the Celebrex patent on its balance sheet. In what specific section of the balance sheet will this patent be included?

2. If Pfizers Celebrex patent does expire on May 30, 2014, how will this impact Pfizers income for 2014? How will it impact Pfizers income for 2015?

3. If Pfizers Celebrex patent does expire on May 30, 2014, how will this impact Pfizers balance sheet (accounting equation) for 2014? How will it impact Pfizers balance

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