Assume home depot spent 15 million on february 2 2015 to, Finance Basics

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Assume home depot spent 15 million on february 2 2015 to

Question: Assume Home Depot spent $15 million on February 2, 2015 to acquire a license to use Microsoft Excel, Word, and PowerPoint for 3 years. How do you think Home Depot accounts for this expenditure?

Assume Home Depot spent $20 million in the year ended January 31,2016 to attempt to develop a formula for a faster-drying concrete. How do you think Home Depot accounted for this expenditure? Why?

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