a. Complete the table below to indicate whether the intangibles listed are amortizable assets as they have
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b. Provide a brief explanation of the determining factors to be considered when determining whether intangibles that are potentially either should be amortized or not.
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Finite life – Indefinite life – do not amortize amortize Potentially either Goodwill Brand name Finite life – Indefinite life – amortize do not amortize Potentially either Copyright Customer list Franchise Industrial design Licensing arrangement Patent Supply agreement Trademark
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