What Is the Amount of Goodwill Arising from This Business

question 43

Multiple Choice

What is the amount of goodwill arising from this business combination?

• A) $(180,000).
• B) $120,000.
• C) $168,000.
• D)$186,667.

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Definitions:

Business Meeting

A formal gathering of individuals within an organization to discuss and make decisions on business-related matters.

Body Language

Non-verbal communication through gestures, expressions, and postures, which can convey feelings and intentions.

Agenda Item

A specific topic or issue to be discussed or acted upon during a meeting, usually listed in the agenda document.

Surface Language

The literal or overt meaning of language, as opposed to the underlying or implicit meanings.