Which of the following intangible assets should be shown as a separate item on the balance sheet?

a. Goodwill
b. Franchise
c. Patent
d. Trademark

Answer: a. Goodwill

Business

You might also like to view...

Consumers' perception of relative advantage would help determine the success of a new magazine targeted to girls between the ages of 14 and 17

Indicate whether the statement is true or false

Business

Disbursement float results from the delay between the time that a payer or customer deducts a payment from its checking account ledger (disburses it) and the time that a payee or vendor actually receives these funds in a spendable form

Indicate whether the statement is true or false

Business