Saputo Inc. reported the following selected information about long-lived assets at March 31, 2015 (in millions): Accumulated

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Saputo Inc. reported the following selected information about long-lived assets at March 31, 2015 (in millions):

Accumulated depreciation-buildings.....................................................................$ 218

Accumulated depreciation-furniture, machinery, and equipment............................887

Accumulated amortization-finite-life intangible assets..............................................57

Buildings.....................................................................................................................759

Furniture, machinery, and equipment......................................................................2,339

Goodwill..................................................................................................................2,125

Indefinite-life intangible assets...................................................................................318

Finite-life intangible assets.........................................................................................246

Land..............................................................................................................................66

Prepare the long-lived assets section of the statement of financial position for Saputo Inc.

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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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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