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QUESTION 5 At the end of the year DRJ Enterprises reported total intangible assets of $830 million. At the end of the prioryear, it reported
QUESTION 5 At the end of the year DRJ Enterprises reported total intangible assets of $830 million. At the end of the prioryear, it reported total intangible assets of $918 million. During the year they amortized $297 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. QUESTION 6 At the end of the year ABC Company reported long-term debt of $3,930 million and the current portion of long-term debt of $310 million. At the end of the prior year they reported long-term debt of $3,601 million and the current portion of long-term debt of $210 million. How much (in $ millions) did the company receive from issuing new long-term debt or pay off any existing debt? If they issued debt, enter your answer as a positive number; if they repaid debt, be certain to place a negative sign in front of your
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