Question: Question 7 2 . 5 pts Businesses record goodwill when they continue the business of an acquired company when they enjoy an outstanding reputation and
Question
pts
Businesses record goodwill
when they continue the business of an acquired company
when they enjoy an outstanding reputation and loyalty with customers
if they acquire another company at an amount higher than the fair value of its net assets
if their fair value has increased significantly in the recent years
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