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For financial statement purposes, goodwill created by an acquisition: must be reviewed each year and amortized to the extent that it has lost value. never
For financial statement purposes, goodwill created by an acquisition:
must be reviewed each year and amortized to the extent that it has lost value.
never affects the profits of the acquiring firm.
is expensed evenly over a year period.
must be amortized on a straightline basis over years.
is recorded in an amount equal to the fair market value of the assets of the target firm.
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