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Considering the facts given, identify some factors that could be present to reduce the value of such goodwill by selecting Yes for ones that can
Considering the facts given, identify some factors that could be present to reduce the value of such goodwill by selecting "Yes" for ones that can impact a goodwill valuation and "No" for ones that won't. 1. Extraordinary gains. 2. Lower than industry average salaries. 3. Chow was the key person in the success of the business. 4. The appropriate rate of return for this type of business is low
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