1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
leva [86]
3 years ago
10

Goodwill is: Multiple Choice Amortized over the greater of its estimated life or 40 years. The excess of the fair value of a bus

iness over the fair value of all net identifiable assets. None of these answer choices are correct. Only recorded by the seller of a business.
Business
1 answer:
Svet_ta [14]3 years ago
8 0

Answer:

Goodwill is:

The excess of the fair value of a business over the fair value of all net identifiable assets.

Explanation:

This definition of Goodwill implies that it is usually acquired by the purchaser of another business, when it pays a price higher than the fair market value of the other company's net assets.  It is not a physical asset like property, plant, and equipment, but intangible.

Goodwill arises from a company's good reputation, loyal customers or clientele base, brand identity, talented workforce, and proprietary technology.

Goodwill does not have a definite life and under US GAAP and IFRS standards.  Therefore, it is not amortized like other intangible assets but is evaluated for impairment every year.

You might be interested in
As the chief marketing officer at Chevrolet, you'd like to determine how much the engineering team's redesigned dashboards are g
anyanavicka [17]

Answer:

Vision and visual processing scientists

Explanation:

The vision and visual processing scientists can give a better feedback on how the new dashboards will be received by the customer. This is a user experience approach which supports their study in techniques like Delphi.

3 0
4 years ago
The given statements are about monopolistic competition. Indicate whether each statement is true or false. A monopolistically co
Nuetrik [128]

Answer:

1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True

2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True

3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False

4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False

5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True

6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True

7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True

Explanation:

3 0
3 years ago
It is very common to complain about one’s boss. There are many examples in TV, movies, and real life of bullying and harassment.
Xelga [282]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
4 years ago
In the management hierarchy _____ includes managers who set the overall direction of a firm, articulating a vision, establishing
ValentinkaMS [17]

Answer:

The correct answer is D) Top management

Explanation:

Top management, as the name implies, consists of those who are at the highest point in the management hierarchy. The most common positions that are part of top managament are, Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Strategist Officer (CSO). They are usually part of the Board of Directors, which answers to the shareholders.

Their task is, as the question specifies, to define the general policy of the company, including goals and strategies to achieve those goals. In a way, companies are just like nations, they have top executives like the president or the president of the senate, who define the direction in which the company/country will go.

7 0
3 years ago
Which sentence in the text signifies the ‘tangibility’ of goods?
Alex Ar [27]
Which sentence............????
6 0
3 years ago
Other questions:
  • ____ analysis involves studying various market parameters in order to predict future price movements of stock.
    8·2 answers
  • How are random events taken into consideration during both hindsight bias and overconfidence?
    14·1 answer
  • Net capital spending is equal to:_________.
    7·1 answer
  • Due to disagreement between senior interviewers at Calvtipy, a publishing firm, the human resources department gave each of the
    6·1 answer
  • __________ uses state-of-the-art equipment to provide people in a variety of locations the opportunity to participate interactiv
    14·1 answer
  • Contingency questions
    14·2 answers
  • Consider the following set of numbers:
    5·1 answer
  • The operating ratio for a PC insurer equals _________. A. loss ratio plus the ratios of loss adjustment expenses to premiums ear
    13·1 answer
  • If an auditor is expected to detect the overstatement of sales, what should the auditor trace transactions from?.
    9·1 answer
  • The new york stock exchange, where financial investors buy and sell existing stock, is an example of _______.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!