Examlex
All of the following are forms of constructive communication EXCEPT:
Carrying Amounts
The value at which an asset is recognized on the balance sheet, after deducting accumulated depreciation or amortization.
Goodwill
An intangible asset that arises when a buyer acquires an existing business at a price higher than the fair market value of its net identifiable assets.
Fair Market Value
is an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.
Identifiable Assets
Assets that can be separately identified and valued in a business combination, distinguishable from goodwill.
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