In 2018, Apple bought patents from Artificial Intelligence security camera maker LighthouseWhat. These patents are long-term assets

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In 2018, Apple bought patents from Artificial Intelligence security camera maker LighthouseWhat. These patents are long-term assets with no physical existence. They are found in the __________ account on the balance sheet.

Current Assets.

Intangible Assets.

Tangible Assets.

Related Book For answer-question

Contemporary financial management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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Posted Date: Mar 07, 2022 12:20 AM

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In 2018, Apple bought patents from Artificial Intelligence security camera maker LighthouseWhat. These patents are long-term assets

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Contemporary financial management

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