What Amount of Goodwill Should Be Attributed to the Noncontrolling

question 89

Multiple Choice

What amount of goodwill should be attributed to the noncontrolling interest at the date of acquisition?

• A) $ 0.
• B) $ 20,000.
• C) $ 30,000.
• D) $100,000.
• E) $120,000.

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Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount they actually pay.

Marginal Utility

The additional satisfaction or utility that a consumer derives from consuming one more unit of a good or service.

Marginal Utility

It describes the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Total Utility

The overall satisfaction or benefit received by consuming a product or service.