One Advantage of the Excess Earnings Method Is That It

question 88

Multiple Choice

One advantage of the excess earnings method is that it offers:

• A)estimate of goodwill.
• B)increases the profit.
• C)increases the cash.
• D)All of the above

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Definitions:

Secretin

A hormone produced by the duodenum that stimulates the pancreas to release bicarbonate-rich fluids to neutralize stomach acid.

Gastrin

A hormone produced by the stomach that stimulates the secretion of gastric acid.

CCK

Cholecystokinin, a hormone that stimulates the digestion of fats and proteins by promoting the release of digestive enzymes and bile from the pancreas and gallbladder.

Submucosa

A layer of tissue beneath the mucosa, containing blood vessels, nerves, and connective tissue, providing support and nourishment to the mucosal layer.