franchise capitalized?

CFA Level I
#1

that’s what i chose

#2

same here

#3

What were the other options?

#4

franchise is the answer

#5

freewin3k Wrote: ------------------------------------------------------- > franchise is the answer I dont think so…dont remember the other options though

#6

franchising costs are almost always capitalized

#7

I chose franchise as well…because you bought it from someone else instead of internally generating it. They didn’t have the choice, but you can also capitalize once technological feasibility has been established.

#8

Also legal fees I think.

#9

i remembered that mnemonics thread with a funny post: BLFT

#10

omg just checked my post (June 6, 2008 10:55AM) http://www.analystforum.com/phorums/read.php?11,734948,767803#msg-767803 all three mnemonics came in handy on Sat