Question
Psyche Company wants to acquire Trim Company. Trim's ROI has been above average for its industry; net income has averaged $140,000 a year more than
Psyche Company wants to acquire Trim Company. Trim's ROI has been above average for its industry; net income has averaged $140,000 a year more than the industry average. These "excess" earnings are expected to continue at this amount for 5 years. Assuming a discount rate of 8%, how much goodwill will arise from Psynches' purchase of Trim?
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Auditing The Auditors Waste And Abuse At Irs And Customs Hearing Before The Committee On Governmental Affairs United States Senate One Hundred Session August 4 1993
Authors: U. S. Committee On Governmental Affairs
1st Edition
1334865558, 978-1334865558
