Xtra Company purchased goodwill from Argus for $144,000. Argus had developed the goodwill over 6 years. How much would Xtra amortize the goodwill for its first year?
A) $8,640
B) $24,000
C) Goodwill is not amortized.
D) Not enough information.
C
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A) compliance reports B) operating reports C) white papers D) position papers E) business plans
Which of the following is TRUE of a written partnership agreement?
A) It is an agreement in which the partners hold a direct agreement with the registration body, and the registration body acts as an interlocutor between the partners. B) It is an informal agreement between the partners and is not legally binding. C) It is a legally-binding agreement between the owners which explains the procedures for liquidating the partnership. D) It is a legally-binding agreement between the proprietors and the stock exchange where it is listed regarding the profit sharing between the owners.
What is the primary reason that Provo, Utah, has been able to attract a large concentration of technology and software companies, second only to California's Silicon Valley?
What are some characteristics of the cover letter that accompanies a questionnaire?