Loose Leaf for Corporate Finance Format: Loose-leaf
12th Edition
ISBN: 9781260139716
Author: Ross
Publisher: Mcgraw Hill Publishers
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Calculate dividends qn
Mr dev.
Which of the following is not true about goodwill?*
Goodwill needs to be evaluated for impairment yearly
Goodwill is treated as a tangible asset in accounting
Goodwill is a result of purchasing a company for a price higher than the fair market value of the target company's net assets
Goodwill can be comprised of things such as good reputation, loyal client base, and brand recognition
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