What Amount Will Be Reported for Goodwill as a Result

question 13

Multiple Choice

What amount will be reported for goodwill as a result of this acquisition?

• A) $ 30,000.
• B) $ 55,000.
• C) $ 65,000.
• D) $175,000.
• E) $ 200,000.

---

Definitions:

Workstation

A specific area equipped with the necessary tools and technology for an individual to perform their job tasks.

Supply Chain Management

The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Resource Supplies

Resource supplies denote the available stock of materials, tools, and other assets that can be drawn on by a person or organization to function effectively.

Internal Customers

Refers to the employees or departments within an organization that depend on the work of another within the same organization.