When do we know that a company has goodwill ? When can goodwill appear in a companys
Question:
Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
A company has goodwill when its value exceeds the value of its ...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Accounting questions
-
In simple random sampling, we know that a without-replacement sample of size n has smaller variance than a with replacement sample of size n. The same result is not always true for...
-
In simple random sampling, we know that a without-replacement sample of size n has smaller variance than a with replacement sample of size n. The same result is not always true for...
-
We know that a certain piece of equipment will cost $150,000 in 5 years. How much will it cost today using 10% interest?
-
The following atomic absorption results were obtained for determinations of Zn in multivitamin tablets. All absorbance values are corrected for the appropriate reagent blank (c Zn = 0.0 ng/mL). The...
-
Calculate P(|X - x| > kx) for X ~ uniform(0,1) and X ~ exponential(), and compare your answers to the bound from Chebychev's Inequality.
-
Define financial distress using the value-based and flow-based approaches. Do you think these are appropriate definitions for financial distress? Explain.
-
Explain why blending technology with decision making will improve managers' judgment.
-
A sheet of cellulose acetate film containing 5.00wt% liquid acetone enters an adiabatic dryer where 90% of the acetone evaporates into a stream of dry air flowing over the film. The film enters the...
-
how does a negligible and non negligible mass transfer coefficient affect the mass transfer Biot number? and how does a finite vs an infinite volume of food also affect the Bi in mass transfer...
-
Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $67,300. Meg works part time...
-
What general procedures are applied in accounting for the acquisition and potential cost allocation of intangible assets ?
-
Assume that a company buys another business and pays for its goodwill. If the company plans to incur costs each year to maintain the value of the goodwill, must it also amortize this goodwill?
-
The following are the financial statements of Gil Ltd. Additional information: 1. Dividends declared and paid were $20,000. Gil reports under IFRS and does not report dividends as operating...
-
What are the pros and cons of targeting a 0% inflation rate? Do you believe the Fed should target 0% inflation, its current 2% inflation target, or some other value? Explain your reasoning.
-
Explain why the Fed targets inflation rather than employment even though both are part of its dual mandate. Use the interdependence principle to help answer the question.
-
Explain how the Fed creates a lower and upper bound for the federal funds rate and the incentives that drive financial institutions to move the federal funds market to that target.
-
If a subsidiary sells equipment to its parent in the current year at a loss because the value of the equipment is impaired, which of the following is true? (a) A consolidation adjustment to reverse...
-
In general and in regards to that situation, to what extent are you held back from exploring by feelings of fear or a need for security?
-
State whether each of the following properties is more typical of a metal or a nonmetal. (a) Dense solid (b) Low boiling point (c) Ductile (d) Reacts with metals.
-
Quadrilateral EFGH is a kite. Find mG. E H <105 G 50 F
-
If the pesticide factories own the lake, how much pesticide is produced?
-
Scotch Companys common stock is currently selling on a stock exchange at $45 per share, and its current balance sheet shows the following stockholders equity section. Preferred stock 8% cumulative,...
-
Refer to Research In Motions financial statements in Appendix A to answer the following. 1. How many shares of common stock are issued and outstanding at February 27, 2010, and February 28, 2009? How...
-
Key comparative figures for Research In Motion, Palm, and Apple follow. Required 1. Compute the book value per common share for each company using these data. 2. Compute the basic EPS for each...
-
Suppose we write the following code (pseudo-code) on our shell terminal: int main(int argc, char *argv[]) { int p fork(); for (int i=0; i
-
Provide best-case and worst-case running time and space complexity analysis in Big-Oh notation for the following method. Best-Case Running Time Worst-Case Running Time Best-Case Space Complexity...
-
Chaim has won $5000 and wants to save it towards buying a house in six years when he finishes his law degree. He has the choice between an account which compounds daily with an APR of 7%, and another...
Study smarter with the SolutionInn App