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Using the Telstra Annual Report 2019 answer the following questions; At 30 June 2019, what portion of the total assets is made up of intangible

Using the Telstra Annual Report 2019 answer the following questions;

  1. At 30 June 2019, what portion of the total assets is made up of intangible assets? (express your answer as a percentage, to 2 decimal places).
  2. What is the amount of the impairment loss/ expenses included in the financial reports (ignore any reversals)? Which assets do the recognised impairment amounts relate to, and why does the company recognise these impairment losses/ expenses?
  3. Identify whether your company has revalued any tangible or intangible assets, by including a brief description of the item and the amount of the revaluation. If no assets have been revalued, state that this has not occurred.

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