Do you expense or capitalize your intangible assets?
Monday Mar 10, 2008
I have a giant exam tomorrow night for one of my MBA classes, Financial Accounting & blah blah blah. I need to know how to do some of the standard methods of depreciation, bonds valuation, lease calculations, bad debt estimating, etc. Just when I was about to give up and use the fingers crossed study method, the professor said we could bring in a sheet of paper. In my opinion, any exam for MBA students should be open book/open notes, as that is how the real world is... but I'll certainly settle for a single 8.5x11 piece of paper as a cheat sheet. So, like any good middle school student would do, I spent most of last night taking my 5 pages of critical hand-written notes and putting them into a word processing document. The results: 5 pages hand written notes equals 1/4 of my sheet of paper. On the agenda tonight: Figure out how to do bond and lease problems.











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