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Netflix, Inc. is evaluating its intangible assets for the year. The following data is provided: Goodwill: $20,000,000 Patents: $10,000,000 Trademarks: $5,000,000
Netflix, Inc. is evaluating its intangible assets for the year. The following data is provided:
● Goodwill: $20,000,000
● Patents: $10,000,000
● Trademarks: $5,000,000
● Total Assets: $100,000,000
● Accumulated Amortization: $8,000,000
a) Compute the Intangible Asset Ratio. b) Determine the Average Amortization Period. c)
Calculate the Net Intangible Assets. d) Analyze the Amortization Expense. e) Evaluate the
Change in Accumulated Amortization.
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