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SVETLANKA909090 [29]
3 years ago
6

Short Corporation acquired Hathaway, Inc., for $53,350,000. The fair value of all Hathaway's identifiable tangible and intangibl

e assets was $50,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition
Business
1 answer:
damaskus [11]3 years ago
5 0

Answer:

$0

Explanation:

Based on the information given No annual amortization of goodwill for this acquisition based on the fact that GOODWILL as an asset will remain forever because they won't dilapidate or worn out which is why GOODWILL are not amortized and Secondly we cannot see or touch GOODWILL which is why they are called intangible asset .

Therefore the annual amortization of goodwill for this acquisition will be $0.

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Answer:

Hello! Your answer would be, BELOW

Explanation:

Job objective should be listed last

Use action words when describing your experience.

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3 years ago
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eduard

Answer:

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Explanation:

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4 years ago
Beth was interviewing candidates for a sales position in her department after her last two sales consultants left the position b
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Hello.

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True brain discharge >>> http://mavizion.com

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