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DewDiligence

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DewDiligence

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Re: exwannabe post# 84327

Wednesday, 09/30/2009 12:08:12 AM

Wednesday, September 30, 2009 12:08:12 AM

Post# of 257262
Re: Solvay accounting quiz

Without cheating (i.e., looking at Solvay's books) I would guess the answer is that a large chunk of the purchased assets will go on the books as acquired R&D.

That’s almost right, but not quite.

Hint: the most important acquired asset in the ABT-Solvay deal is an asset of omission.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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