A company has the following expenditures during the year. Advertising $ 100,000 Employee training 80,000 Customer outreach
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Question:
A company has the following expenditures during the year.
Advertising $ 100,000
Employee training 80,000
Customer outreach and consultation 50,000
The company believes that these efforts have increased the fair value of the entire company by $325,000. How much goodwill can the company recognize at the end of the year associated with these expenditures?
A. $0.
B. $80,000.
C. $230,000.
D. $325,000.
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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