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HMV - Is a Logo an Asset?
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When music retailer HMV went into administration in 2013, it owed the banks £140m.
When store closures, employee redundancies, and re-financing loans were completed, the company still needed £100m in order to survive.
So HMV debated selling the company's famous logo - "Nipper" the dog.
But is a logo an Asset? And, if so, how much is it worth?
VCE Accounting Unit 3-4.
When store closures, employee redundancies, and re-financing loans were completed, the company still needed £100m in order to survive.
So HMV debated selling the company's famous logo - "Nipper" the dog.
But is a logo an Asset? And, if so, how much is it worth?
VCE Accounting Unit 3-4.
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HMV - Is a Logo an Asset?
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