The Existence of Goodwill on a Corporate Balance Sheet Indicates

question 42

Multiple Choice

The existence of goodwill on a corporate balance sheet indicates that the corporation has:

• A) been profitable in the past.
• B) depreciated its tangible assets.
• C) intangible assets from past acquisitions.
• D) retained earnings resulting from past income.

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Definitions:

Conjunctions

Words used to connect clauses or sentences, or to coordinate words in the same clause, such as "and," "but," "or," and "so."

Punctuated Correctly

Written or arranged with proper use of punctuation marks to clarify meaning.

Soy Sauce

A dark, salty liquid condiment, traditionally made by fermenting soybeans and wheat, used in various cuisines, particularly East Asian and Southeast Asian.

Conjunctions

Words that connect clauses, sentences, or words in a sentence, such as "and", "but", and "or".