If the costs are to be capitalized, then the next issue is to determine the asset's determinable useful life, if any. |
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If the asset's value is lower, a writedown may be necessary. |
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Essentially, it revolves around the movement of prices during trading of the asset's lifetime, besides an element of certainty about untraded stock's relative safety. |
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Additionally, LIG Assets has hired John Cantleberry as its Marketing Director to assist with LIG Asset's plans to grow the Company. |
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