The specific meaning of goodwill in accounting is:
A. The support of the board of directors for the operating decisions of management.
B. Rights granted an entity to deliver a product or service under specified conditions.
C. Long term assets held as investment.
D. The cost of developing, maintaining, or enhancing the value of a trademark.
E. The amount by which a company's value exceeds the value of its individual assets and liabilities.
Answer: E
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Phone calls that update clients on new prices, products, or services are examples of
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Which of the following statements is true of the capital asset pricing model (CAPM)??
A. ?The capital asset pricing model (CAPM) approach to estimating a firm's cost of retained earnings gives a better estimate than the discounted cash flow (DCF) approach. B. ?The capital asset pricing model (CAPM) approach is typically used to estimate a firm's flotation cost adjustment factor, and this factor is added to the discounted cash flow (DCF) cost estimate. C. ?The beta coefficient used in the capital asset pricing model (CAPM) approach is the same as the growth rate used in the discounted cash flow (DCF) method. D. ?The capital asset pricing model (CAPM) approach and the discounted cash flow (DCF) approach always result in exactly the same estimate for r. E. ?The capital asset pricing model (CAPM) approach assumes investors are well diversified and the discounted cash flow (DCF) approach assumes constant growth rate.
For a memorandum to be incorporated into a will, which of the following conditions must be met?
A) It must be in writing. B) It must be in existence when the will is executed. C) It must be adequately described in the will. D) All of these.
Why is the duration of bond index a "historical accident"?
What will be an ideal response?