Requirement $2.$ What special asset does Central Telecom$\text{'}$s acquisition of Sagely Wireless Enterprises $$identify$?$ How should Central Telecom Telecom account for this asset after acquiring Sagely Wireless Enterprises Wireless$$ Enterprises? Explain in detail.

What special asset does Central Telecom$\text{'}$s acquisition of Sagely Wireless Enterprises $$identify$?$

The acquisition identifies the asset

goodwill

$.$

Part $7$

How should Central Telecom account for this asset after acquiring Sagely Wireless Enterprises$?$ Explain in detail.

Central Telecom should measure the

$$

of this asset each year. If this asset has increased in$$ value, Central Telecom should

$$

$.$ If the value of the asset has$$ decreased, Central Telecom should

$$