Question
When calculating goodwill under purchase accounting, which one of the following adjustments should NOT be made to the offer value of equity? a. Subtract interest
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When calculating goodwill under purchase accounting, which one of the following adjustments should NOT be made to the offer value of equity?
a. Subtract interest expense from the targets EBIT
b. Subtract the tangible Book Value of the target
c. Subtract the write-up of assets
d. No adjustment is necessary
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IT Audit Fundamentals Study Guide
Authors: Isaca
1st Edition
1604209402, 978-1604209402
