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ohan Co, has an intangible asset, which it estimates will have a useful life of 10 years, while Abco Co. has goodwill, which has an

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ohan Co, has an intangible asset, which it estimates will have a useful life of 10 years, while Abco Co. has goodwill, which has an indefinite life. Which company should report amortization in its financial statements Johan Abco No No Yes Yes YesNo No Yes

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