Answer:
Step-by-step explanation:
Firm W owns the business
, both goodwill and going concern value are owned by it. So it has no tax liabilities and chooses not to report in its business tax return.
Firm X may have been acquired, it must amortize both goodwill and going concern for 15 years and that is why reported it on its tax return as deduction.
*Intangible assets that may not be listed on balance sheet during acquisition, must be amortized for 15 years.
Answer:
I believe the answer is 18 yards correct me if I am wrong
Step-by-step explanation: Good luck
Answer:x=1
Step-by-step explanation:hope i helped
The answer for your question is (x,y)=(4,9)