You are examining the financial statements of a company. You observe patent amortization of $1,5...
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Accounting
You are examining the financial statements of a company. You observe patent amortization of $1,5 million and a loss on impairment of goodwill for $25 million.
(a) Describe hoe the accountants arrived at these amounts
(b) Interpret any information content provided by these disclosures
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