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6. The biggest expense tor Coca Cola is advertising, which is part or the selling, general and administrative expenses. A large portion of these expenses

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6. The biggest expense tor Coca Cola is advertising, which is part or the selling, general and administrative expenses. A large portion of these expenses are designed to build up Coca Cola's brand name. Should advertising expenses be treated as operating expenses or are they really capital expenses? If they are to be treated as capital expenses, how would you capitalize them? (Use the capitalization of R&D as a guide.)

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