Examlex
Write the following number in expanded form: 667
Goodwill
The intangible asset that arises when a company acquires another for a price higher than the fair value of its identifiable tangible and intangible assets.
Indefinite Useful Life
An intangible asset that is not expected to deplete over a measurable period of time, and hence is not amortized.
Consolidated Income Statement
A financial statement that shows the aggregate operating results of a parent company and its subsidiaries as if the group were a single entity.
FVE Method
FVE Method, or Fair Value Estimation Method, involves estimating the fair value of an asset or liability, taking into account market conditions and other influencing factors.
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