Chapter 12, Problem 3UJ

To determine

• 1.

• (a)

To determine the primary intangible assets of health care products.

To determine

• (b)

To determine the procedure of eliminating research and development expenditures.

To determine

• (c)

To determine the procedure of recording the goodwill.

To determine

• 2.

• (a)

To determine the implications on each company’s future prospects.

To determine

• (b)

To determine the possibility of recognizing the impairment.

To determine

• (c)

To determine and record the loss on impairment.

To determine

• (d)

To determine the effects of your entries in part (c) on your evaluation of these companies based on the return on assets ratio.