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10) Company Z has recognized goodwill of $250,000 on acquisition of Company X on 15 October 2008. Company Z intends to hold the investment in
10) Company Z has recognized goodwill of $250,000 on acquisition of Company X on 15 October 2008. Company Z intends to hold the investment in Company Z for 5 years and then dispose of its investment. The annual goodwill amortization charge in Company Z's statement of comprehensive income for the year ended 31 December 2008, amounts to: $50,000 $12,500 c) $10,417 a) So
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