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Back when Netflix primarily rented out DVDs, Netflix would: Group of answer choices purchase DVDs and expense the DVDs over several years in a process
Back when Netflix primarily rented out DVDs, Netflix would: Group of answer choices purchase DVDs and expense the DVDs over several years in a process called amortization. purchase DVDs and immediately expense the total value of those DVDs on its income statement. purchase DVDs, capitalize the total value of the DVDs on its balance sheet, and reassess the value of the DVDs every few years. purchase DVDs and depreciate the DVDs on its income statement
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