Following is an excerpt from the balance sheet of On the Edge Technologies Inc.: ____________________________________________________________ (in thousands)
Question:
Following is an excerpt from the balance sheet of On the Edge Technologies Inc.:
____________________________________________________________ (in thousands)
___________________________________________________________ 2017 ______ 2016
Goodwill (Note 4) ........................................................... $60.7 ...... $51.8
Intangible assets (Note 4) ............................................... 48.4 ......... 42.4
A potential investor in On the Edge has asked you for advice. What information would you look for in the accompanying notes to the financial statements on which to base your advice about the investment decision?
Step by Step Answer:
Following is an excerpt from the balance sheet of On the EdgeTechnologies Inc Goodwill has increased ...View the full answer
Financial Accounting
ISBN: 978-0134564142
6th Canadian edition
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
