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:
This answer would be D
Step-by-step explanation:
Answer:
x=25
Step-by-step explanation:
because of vertical angles theorem you set them equal to each other
4x+50=150
subtract 50 from both sides
4x=100
devide by 4 on both sides
x=25
Answer:
Point C
Step-by-step explanation:
Point C is in the middle of the triangle and is the best location for the school, as other points are closer to a city or two than equidistant from all three.
