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Find the equation of the line described, and express your answer in the specified form.
-Perpendicular to the line x - 3y = 6; passes through the point (5, 5) ; slope-intercept form
Goodwill
An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.
Consolidated Financial Statements
These statements combine the financial information of a parent company and its subsidiaries, presenting the financial performance and position as if they were a single entity.
Impairment
The decrease in the recoverable value of an asset below its carrying amount, leading to a write-down value in the balance sheet.
Amortization Expense
Amortization expense is the cost associated with gradually writing off the initial cost of an intangible asset over its useful life.
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