{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T14:00:52-04:00", "answer_date": "2024-05-29 14:00:52", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1887934", "url": "\/study-help\/questions\/amortization-and-impairment-testing-of-identifiable-intangible-assets-during-the-1887934", "question_creation_date_js": "2024-05-29T14:00:52-04:00", "question_creation_date": "May 29, 2024 02:00 PM", "meta_title": "[Solved] Amortization and Impairment Testing of Id | SolutionInn", "meta_description": "Answer of - Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Syste | SolutionInn", "meta_keywords": "amortization,impairment,testing,identifiable,intangible,assets,year,ended,july,30,2016,cisco", "question_title_h1": " Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Systems, Inc. acquired the following identifiable intangible assets", "question_title": " Amortization and Impairment Testing of Identifiable Intangible Assets During the year", "question_title_for_js_snippet": "Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Systems, Inc acquired the following identifiable intangible assets through its purchase of two companies (in thousands) Limited Lives Indefinite Lives Technology Customer Relationships IPRAD Acquired Company (in thousands) Lancope, Inc Useful life (in years) Amount Useful life (in years) 5 $79 000 6 Jasper Technologies, Inc 6 240 000 7 Amount $29 000 75 000 Amount $121,000 23 000 Cisco acquired Lancope, Inc in December 2015, and Jasper Technologies, Inc in March 2016 Cisco separately tests identifiable intangibles acquired from each company for impairment, Technology Sum of expected expected Customer Relationships IPRED Sum of Sum of expected Sum of Sum of Sum of expected expected expected Acquired Company cash flows $20,000 cash flows undiscounted discounted undiscounted discounted undiscounted cash flows cash flows cash flows $25 000 0 000 (in thousands) Lancope, Inc $70,000 $65 000 Jasper Technologies inc 200 000 150 000 65 000 $130,000 30 000 discounted cash flows $105 000 26 000", "question_description": "\"image\"image\"image", "transcribed_text": "Amortization and Impairment Testing of Identifiable Intangible Assets During the year ended July 30, 2016, Cisco Systems, Inc. acquired the following identifiable intangible assets through its purchase of two companies (in thousands): Limited Lives Indefinite Lives Technology Customer Relationships IPRAD Acquired Company (in thousands) Lancope, Inc Useful life (in years) Amount Useful life (in years) 5 $79.000 6 Jasper Technologies, Inc 6 240.000 7 Amount $29.000 75.000 Amount $121,000 23.000 Cisco acquired Lancope, Inc. in December 2015, and Jasper Technologies, Inc. in March 2016. Cisco separately tests identifiable intangibles acquired from each company for impairment, Technology Sum of expected expected Customer Relationships IPRED Sum of Sum of expected Sum of Sum of Sum of expected expected expected Acquired Company cash flows $20,000 cash flows undiscounted discounted undiscounted discounted undiscounted cash flows cash flows cash flows $25.000 0.000 (in thousands) Lancope, Inc $70,000 $65.000 Jasper Technologies inc 200.000 150.000 65.000 $130,000 30.000 discounted cash flows $105.000 26.000", "related_book": { "title": "Managerial Accounting", "isbn": "9789813155497, 73379581, 9813155493, 978-0073379586", "edition": "2010 Edition", "authors": "John J. Wild, Ken W. Shaw", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/115.jpg", "uri": "\/textbooks\/managerial-accounting-2010-edition-115", "see_more_uri": "" }, "free_related_book": { "isbn": "1287180159", "uri": "\/textbooks\/liability-insurance-effects-of-recent-crisis-on-businesses-and-other-organizations-hrd-88-64-1st-edition-978-1287180159-260096", "name": "Liability Insurance Effects Of Recent Crisis On Businesses And Other Organizations Hrd 88 64", "edition": "1st Edition" }, "question_posted": "2024-05-29 14:00:52", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/design-a-plan-to-research-and-select-a-new-or-301237", "description": "Design a plan to research and select a new or used automobile.", "stars": 3 }, { "url": "\/celia-ahern-asks-since-stock-dividends-dont-change-anything-why", "description": "Celia Ahern asks, Since stock dividends dont change anything, why declare them? 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