BEC MEMO DRAFT

Remember to use memo format: no greeting, no signature. Make sure to start with a purpose statement. Skip a line and continue with your body explanation. Use white space between paragraphs. Writing skills will be evaluated for development, organization, and the appropriate expression of ideas. Use a standard business memorandum format with a clear beginning, middle, and end. Do not convey information in the form of a table, bullet point list, or other abbreviated presentation.

Explain the term "goodwill" as used in accounting.