Question: Which one of the following is not a component of goodwill according to Johnson & Petrose (1998)? a. air value from combining the acquirers and

  1. Which one of the following is not a component of goodwill according to Johnson & Petrose (1998)? 

  3. a. air value from combining the acquirer’s and acquiree’s businesses and net assets. 

  5. b. Excess of fair value over book values 

  7. c. Fair value is the “going concern” element of the acquirer’s business. 

  9. d. Fair values of other net assets not recognized by the acquiree.

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