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:
LCM of 3 and 4 is 12
Step-by-step explanation:
This is your answer
Answer:
D Because
the answer is D 21 the V42 and c and a are not correct
Step-y-step explanation:
Answer:
5.66
Step-by-step explanation: