The normal treatment of litigation costs to successfully defend an intangible right under U.S. GAAP and International Financial Reporting Standards (IFRS) , respectively, is: 
Definitions:
Break-even Price
The market price that a stock or commodity must reach for an investor to recover their initial investment without any profit or loss.
Mark-up
A percentage added to the cost of goods to cover overhead and profit, determining the selling price.
Retail Price
The price at which goods or services are sold to individual consumers in stores or online.
Retailer
A business or person that sells goods directly to consumers.
Q3: Selecting the fair value option for an
Q17: Which of the following generally is associated
Q22: Both debt and equity securities can be
Q34: Walker Corporation exchanged land and $4,500 cash
Q54: Meteor Co. purchased merchandise on March 4,
Q56: What additional income tax payments did the
Q59: When cash is received from customers in
Q62: Gains on the cash sales of fixed
Q71: Appleton Inc. adopted dollar-value LIFO on January
Q110: At times, businesses require advance payments from