Question: Hey Can anyone help me with the sections E and F? iv.Cisco's purchased intangibles fall into one of two categoriesthose with finite lives and those
Hey Can anyone help me with the sections E and F?
iv.Cisco's purchased intangibles fall into one of two categoriesthose with finite lives and those with indefinite lives. Describe in your own words what these categories mean. How does the accounting for intangibles differ across these two types of intangible asset categories?
v.What is the gross amount of recorded purchased intangible assets at July 27, 2013? What proportion of the purchased intangible assets at this date are finite-lived?
vi.Show the journal entry that Cisco made to record the amortization of purchased intangible assets for 2013. Ignore any income tax effects. Is any portion of the amortization in 2013 attributable to impairment of purchased intangibles?
f.
i. Complete the following table relating to R&D expenses reported by Cisco.
ii. Comment on the trends in the R&D expense in dollars and related ratios in the table above. Does Cisco appear to be maintaining, increasing or decreasing its investment in R&D activity over this period?
iii. In following generally accepted accounting principles, Cisco's balance sheet does not include an intangible asset for the value created by internally-generated research and development costs. Describe how investors might use the information in the previous table to gain insights about changes in the value of Cisco's technology and other value that might be created by investments in research and development activities.
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