Ask Question
16 September, 17:18

Which one of the following items is most likely to be reported as goodwill? A. In-process research and development B. Brand names C. Developed technology D. Skilled workforce

+2
Answers (1)
  1. 16 September, 18:42
    0
    The correct answer is letter "D": Skilled workforce.

    Explanation:

    Goodwill refers to the value of an intangible asset found on a company's Balance Sheet. A company's brand recognition, intellectual property, skilled workforce, and reputation among its customers and employees can all count towards its goodwill value. When a company is acquired for a higher price than its book value, the excess value of the target company is recorded under a Balance Sheet goodwill.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which one of the following items is most likely to be reported as goodwill? A. In-process research and development B. Brand names C. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers