During what situations goodwill is essential to be valued?

Q: What qualifies as a like-kind exchange?

A: Definition: Property, plant, and equipment: These assets are long lived economic resources which are…

Q: Fiduciary responsibilities are critical part of which relationship---customer or client? Why?

A: Fiduciary responsibility is the harmonious relationship of trust between a fiduciary agent and a…

Q: How do you view goodwill on the balance sheet - specifically, if certain levels of it would cause…

A: 1.) I see the goodwill on the balance sheet as synergies , which was estimated at the time of the…

Q: what is accounting for goodwill and what are its implications?

A: Goodwill is an intangible asset. It generally arises from the acquisition of a business. In other…

Q: Describe the approaches for measurement of fair value.

A: When measuring fair value of fixed assets, intangible assets, specified financial assets or…

Q: how much is the goodwill?

A: Goodwill is defined as the difference between the purchase price and the fair value of the defined…

Q: What is goodwill? What is a bargain purchase?

A:

Q: What Is Goodwill And How Is It Accounted For?

A: Definition:   Goodwill: Goodwill is a good reputation developed by a company over the years. This is…

Q: What is reinvestment rate risk?

A: The reinvestment rate risk is the potential decline in the interest income that tends to be a result…

Q: Give a definition of "Goodwill". Give two examples.

A: The value that a person or company builds up over a time in the form of reputation with the aim to…

Q: a present obligation?

A: Given: To explain the economic resource and the present obligation as,

Q: Distinguish between tangible and intangible benefits.

A:

Q: Give example/illustration of reciprocal obligation. Explain why it is a reciprocal obligation.

A: A reciprocal obligation, also known as a reciprocal agreement, is a legal term for a…

Q: What are retakaful and reinsurance and how takaful products can be used for hedging purposes?

A: Retakaful and reinsurance : In simple words, The Muslim reinsurance sector is referred to as…

Q: Explain how to defer gains using the like-kind exchange rules.

A: A like kind exchange is defined as the tax deferred transaction, which used to allow regarding the…

Q: What is goodwill and how is it measured?

A: Intangible Assets: Intangible assets are the long-term assets having no physical existence. However,…

Q: Define reinvestment rate risk

A: Reinvestment means investing without withdrawing the benefits (or) interest from the fund so that it…

Q: What are some factors thatmight lead to synergy?

A: Introduction: When two companies combine and raise the valuation of the new firms and thereby…

Q: What is the difference between a conditional and unconditional contribution?

A: Step 1 Contribution can be defined as something which a person contributes for achieving something.…

Q: how payment or performance extinguishes an obligation.

A: An obligation arises when an agreement made between parties satisfies all the necesaary conditions…

Q: In what circumstances would goodwill be long-lived or short-lived?

A: Goodwill is a part of assets that is reported on the balance sheet. It is an intangible asset (that…

Q: What is meant by fair trade

A: Fair-trade is an agreement between a buyer and seller, in which seller has to provide good working…

Q: what does the voting rights of the Exchange mean?

A: Shareholder voting indicates the privilege given to shareholders to take part in the decision making…

Q: What is the GAAP definition of fair value?

A:

Q: What is exchange risk, as distinct from exposure?

A: Foreign exchange risk or foreign exchange exposure refers to the financial risk associated with a…

Q: What are financial obligations? How they can be overcome?

A: Liabilities:The claims creditors have over assets or resources of a company are referred to as…

Q: In what ways do exchanges reduce contracting costs and risks?

A: 1) Contracting Cost: Whenever a company or an entity enters into a contract with the customer or any…

Q: Why is the goodwill procedure best described as a revaluation procedure? No plagarism

A: The answer is provided as follows:

Q: What is "constructive receipt doctrine? Discuss What is "economic benefit doctrine? Discuss

A: Constructive receipt doctrine: According to constructive receipt doctrine policy, the taxpayer…

Q: What role do synergies play in negotiation and does it imapct the end result?

A: Synergies create more worth than the sum of their parts separately. In other words, this is the…

Q: What is goodwill?

A: Before acquiring a business, the vendor evaluates the business on various parameters. Goodwill is…