Which one of the following is not a component of goodwill according to Johnson & Petrose (1998)?
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Question:
- Which one of the following is not a component of goodwill according to Johnson & Petrose (1998)?
- a. air value from combining the acquirer’s and acquiree’s businesses and net assets.
- b. Excess of fair value over book values
- c. Fair value is the “going concern” element of the acquirer’s business.
- d. Fair values of other net assets not recognized by the acquiree.
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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