The cost of an intangible asset includes all of the following except

a. purchase price.
b. legal fees.
c. other incidental expenses.
d. all of these are included.

Answer: d. all of these are included.

Business

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An appraiser examines a building that is 25 years old. Because of superior upkeep, it has the condition of an 11 year old building. The appraiser may use the 11 year old age as the:

A. Actual Age B. Effective Age C. Numerical Age D. Physical Age

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What must a firm do to sustain rapid market share growth?

What will be an ideal response?

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