Examlex
How are the development and expansion of public education tied to the needs of an industrializing and urbanizing society?
Fair Value
The expected price for unloading an asset or the charge for relocating a liability in an orderly market transaction at the reckoning time.
Identifiable Assets
Identifiable assets are company assets that can be separated from the entity, sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract.
Fair Value
The value likely to be obtained from disposing of an asset or the expense incurred in transferring a liability, within a structured exchange involving market entities at the time of assessment.
Goodwill
An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair value of the identifiable assets and liabilities.
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