1. Yes or No 2. Excess of purchase price over the book value, excess of purchase

Question

1. Yes or No 2. Excess of purchase price over the book value, excess of purchase over fair price, excess of purchase price over the salvage value 3. Tangible asset related to the liabilities of the entity, tangible assets related to whole entity, tangible asset related to the liabilities of the entity, an intangible asset related to whole entity 4. All assets and liabilities are recorded at book value, all assets and liabilities are recorded at fair price, only assets are recorded at book value, only liabilities are recorded at net realizable value Goodwill is the excess of purchase price over the book values of the individual assets acquired." Do you agree? Explain. values of t Yes. Goodwill is measured by the excess of purchase price over tre book valueof the net ideniflabl assets acquired, Goodolil ls In an acquisition, by the acquirer

Explanation / Answer

1.NO. Goodwill is measured by the 2.EXCESS OF PURCHASE PRICE OVER FAIR PRICE of the net identifiable assets acquired. Goodwill is 3.AN INTANGIBLE ASSET RELATED TO WHOLE ENTITY. In an acquisition, 4. ALL ASSETS AND LIABILITIES ARE RECORDED AT FAIR PRICE by the acquirer.

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.