In 2017, a corporation purchased a small business for $250,000
The market value of the small business's assets was $400,000, and the market value of the liabilities was $200,000. The corporation recorded goodwill of $50,000 at the time of acquisition. At the end of 2018, it measured goodwill and found it had a remaining fair value of only $20,000. At year-end 2018, the corporation will ________.
A) record a loss on sale of assets
B) record an impairment loss
C) record accumulated depletion
D) record a gain in goodwill
B
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The ________ reflects whether the company hired the people it set out to as defined by hiring manager's predetermined job performance requirements
A) cost per hire B) quality of hire C) value of top performers D) return investment
Knowledge management uses knowledge
A) for the sake of individual learning. B) to improve the functioning of an organization. C) to encourage the exchange of information between businesses. D) to promote e-learning.