As of 1/30/2016, what is the sum of the next 5 years' amortization expenses of AEO's intangible assets?

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Multiple Choice

As of 1/30/2016, what is the sum of the next 5 years' amortization expenses of AEO's intangible assets?

Explanation:
Amortization of finite-lived intangibles is spread evenly over the assets’ estimated useful lives, so the amount charged each year follows the amortization schedule shown in the notes. To find the sum of the next five years, you add up the annual amortization amounts listed for those years. In AEO’s 2016 notes, the five-year projection for amortizing intangible assets totals 17.3 million, which corresponds to about 3.46 million per year on average. That five-year total is the amount you’ll recognize as amortization expense over that horizon, assuming no impairments or additions alter the schedule. If you tried to sum five years at notably different annual charges (lower like 3.0 or higher like 4.0), you’d get sums like 15.0 or 20.0, which wouldn’t match the schedule.

Amortization of finite-lived intangibles is spread evenly over the assets’ estimated useful lives, so the amount charged each year follows the amortization schedule shown in the notes. To find the sum of the next five years, you add up the annual amortization amounts listed for those years. In AEO’s 2016 notes, the five-year projection for amortizing intangible assets totals 17.3 million, which corresponds to about 3.46 million per year on average. That five-year total is the amount you’ll recognize as amortization expense over that horizon, assuming no impairments or additions alter the schedule. If you tried to sum five years at notably different annual charges (lower like 3.0 or higher like 4.0), you’d get sums like 15.0 or 20.0, which wouldn’t match the schedule.

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