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At the end of the year DRJ Enterprises reported total intangible assets of $806 million. At the end of the prioryear, it reported total intangible
At the end of the year DRJ Enterprises reported total intangible assets of $806 million. At the end of the prioryear, it reported total intangible assets of $988 million. During the year they amortized $152 million of intangible assets. During the year, how much (in $ millions) cash did they use to acquire new intangible assets or how cash did they receive from selling intangible assets? Be certain to include a negative sign in front of your answer if they acquired new intangible assets during the year.(please show all steps)
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