Canadian Tire Corporation, Limited reported the following selected information about long-lived assets at December 29, 2012 (in
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Accumulated depreciation-buildings............................................. $1,102.9
Accumulated depreciation-fixtures and equipment .................................591.4
Accumulated amortization-finite-life intangible assets ............................604.6
Accumulated depreciation-other property and equipment ........................424.2
Buildings ..................................................................................2,683.7
Fixtures and equipment.................................................................. 880.4
Goodwill ....................................................................................376.9
Indefinite-life intangible assets .........................................................385.0
Finite-life intangible assets ..............................................................932.6
Land ........................................................................................744.2
Other property and equipment ........................................................1,153.7
Prepare the long-lived assets section of the statement of financial position for Canadian Tire.
Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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