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Gaap does not permit the amortization of goodwill, like is done with other intangible assets. Rather goodwill stays on the books unless it becomes impaired

"Gaap does not permit the amortization of goodwill, like is done with other intangible assets. Rather goodwill stays on the books unless it becomes impaired in which case it is written off. Why do you think GAAP requires this treatment of goodwill? Do you"

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