In accounting, goodwill is an intangible asset associated with a business combination. Goodwill is recorded when a company acquires (purchases) another company and the purchase price is greater than 1) the fair value of the identifiable tangible and intangible assets acquired, minus 2) the liabili...
Company ABC paid $8,000,000 for the stock, so on its next balance sheet, Company ABC will list an account called “goodwill” that will have a value of $3,000,000. Remember: Stock Is Often Worth More Than Assets The stock of many well-known companies is worth more than the value ...
managerial discipline that created the account, under such circumstances it might better be labeled “No-Will”. Whatever the term, the 40-year ritual typically is observed and the adrenalin so capitalized remains on the books as an “asset” just as if the acquisition had been a sensible one...
根据第一段第一行“Goodwillie School is in Michigan. It is a green school.(Goodwillie School在Michigan。它是一所绿色的学校。)”可知答案是C。2.【答案】B【解析】题目的意思是:从这篇文章中,我们可以知道关于这所学校的孩子什么?A项:他们不喜欢重复利用东西;B项:他们用旧东西做新东西;C项:他们买...
Goodwill at a good price - letters to the editorR. James AlerdingCfo Magazine for Senior
The amount in the Goodwill account will be adjusted to a smaller amount if there is an impairment in the value of the acquired company as of a balance sheet date. (Private companies may opt to amortize goodwill generally over a 10-year period and thereby minimize the cost and complexity ...
Explain what an intangible asset is. What constitutes a pledge or contribution for not-for-profit organizations? Give examples of nominal account. What is a nonrefundable credit? Give examples. What are operating activities? Give some examples. ...
“What we did is we take the money and put it into a holding account, and we wait usually a pretty good amount of time to see if somebody comes forward and identifies themselves and says they made a donation and a mistake,” Miller told ABCNews.com today.Authorities were contacted in ...
解析 Goodwill is classed as an intangible non-current asset; Goodwill is the excess of the value of a business as a whole over the fair value of its separable net asset; Purchased goodwill may be shown on the statement of financial position and may be reduced by impairment....
Goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-termassets account. It's considered to be an intangible or non-current asset because it's not a physical asset such as buildings or equipment. Companies are required undergenerally accepted accou...