ACCT 2420 Chapter 11 Homework 1. X Company. a public entity, has goodwill that consists of five components resulting from three acquisitions. In the first ecquistion, the assets and liabilities of the subsidiary were integrated into X Company's books and the goodwill was considered an asset of the entty. The second acquisition involves an additional payment to the se er if certain results are achieved. As a result, separate books are mainta!ned for the et on them. The third acquisition was of a multu-departmental company. For this acquisition X has managers, each running a different department, and each with an incentive program based on that department's hired three seporate performance. As a result, three seporate sets of books and records are being maintained for this acquistion, one tor each department, with goodwill alliocated to each of the sets of books. How many as it does when It is preparing its financial s X Company is contemplating performing an impairment evaluation, separate impairment evaluations is X Company required to perform? 0