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06Jul
The Microsoft Intangible Gamble
Only 30 years ago the value of intangible assets was only a small percentage of the valuation of businesses known (mostly to accountants) only as “goodwill”. In accounting terms this asset class is distinguished from other revenue generating assets that are tangible and can be separately identified and valued. Up until last century the greater portion of business valuations would be dominated by tangible assets such as factories, stock, plant and equipment.
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