Question: Can someone help me with this question? Danube, Toggle, and ConnectOn rely on various intangible assets to operate their businesses. These companies amortize the cost

Can someone help me with this question?

Can someone help me with this question? Danube, Toggle, and ConnectOn rely

Danube, Toggle, and ConnectOn rely on various intangible assets to operate their businesses. These companies amortize the cost of these assets using the straight-line method over the following average estimated useful lives (in years), as reported in their 2015 annual reports. Type of Intangible Asset Danube Toggle ConnectOn Developed Technology 5 . 2 5 . 4 3 . 3 Trade Names 5.7 9.9 11.3 Customer Relationships 4 . 9 5 . 3 7 . 3 Required: 1. Based on these estimates, identify the company that uses the longest periods for amortizing most of its classes of intangible assets. 0 Danube O ConnectOn 0 Toggle 2. Will these estimates increase or decrease that company's net income relative to its competitors? 0 Increase O Decrease

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