ABC CoIs Acquiring XYZ Inc $\$ 10,000$
Customer List with an Observable Fair Value Of Assets

question 10

Multiple Choice

ABC Co.is acquiring XYZ Inc.XYZ has the following intangible assets:
Patent on a product that is deemed to have no useful life $\$ 10,000$ .
Customer list with an observable fair value of $\$ 50,000$ .
A 5-year operating lease with favorable terms having a discounted present value of $\$ 8,000$ .
Identifiable research and development costs of $\$ 100,000$ .
ABC will record how much for acquired Intangible Assets from the purchase of XYZ Inc?

• A)$168,000
• B)$58,000
• C)$158,000
• D)$150,000

---

Definitions:

Inauthentic

Being not genuine or true to one's own personality, spirit, or character.

Acceptance and Commitment Therapy

A form of cognitive-behavioral therapy emphasizing psychological flexibility through accepting one's thoughts and feelings and committing to personal values.

Negative Self-Talk

The internal dialogue that focuses on criticizing or undervaluing oneself, which can impact emotional well-being and self-esteem.

Internal

Pertaining to or situated within the limits or surface; inner.