Question: ASC topic 805 requires that previously unreported intangible assets be capitalized if they meet the contractual or separability criteria. Which of the following items cannot

ASC topic 805 requires that previously unreported intangible assets be capitalized if they meet the contractual or separability criteria. Which of the following items cannot be capitalized as a result of an acquisition transaction?

A. The value of construction permits on hand at the time of the combination

B. The value of certain non compete agreements

C. The value of a specific song or jingle associated with a product

D. The value of sales to new customers as a result of synergies created by the acquisition

E. the value of trade secrets

F. the value of below market leases

G. the value of potential new contracts

H. The value of having a group of employees in place and able to run the business

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