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Chapter 8: Q.c - For Critical Thinking (page 172)

Why might current intangible investments in recorded music by Katie Perry or Rihanna be harder to measure with greater precision today than long-past investments in the recorded music of, say, Elvis Presley in the 1960 s or Elton John in the 1970s? (Hint: Is it easier to project forward or to look back at past data?)

Short Answer

Expert verified

The worth of interest in current accounts will determine their worth throughout the future process of everything working out.

Step by step solution

01

introduction

Intangible assets allude to interest in elusive resources, for example, licenses, copyrights, and brand names are immaterial resources which shouldn't be visible or don't have an actual nature.

02

explanation

Intangible assets don't have a natural worth. They get their worth from lawful and moral privileges or from values they add to different merchandise. Recorded music is additionally an immaterial resource and interest in recorded music is in this manner, theoretical speculation which has no worth of its own. It is gotten from its legitimate right. Along these lines, it is not difficult to take a gander at past information to determine the worth of immaterial interest in recorded music done before. Music accounts in the past have inferred their worth over the long haul in light of the worth they add to different merchandise.

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