Robot manufacturing Company expected future earning OMR 100,000. Company's normal return OMR 25,000. The return on investment 30%. Calculate estimated goodwill. Select one: a. OMR 22,500 b. OMR 33,333 c. OMR 333,333 d. OMR 250,000

Robot manufacturing Company expected future earning OMR 100,000. Company's normal return OMR 25,000. The return on investment 30%. Calculate estimated goodwill. Select one: a. OMR 22,500 b. OMR 33,333 c. OMR 333,333 d. OMR 250,000

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter12: Activity-based Management

Section: Chapter Questions

Problem 19E: A company is spending 70,000 per year for inspecting, 60,000 per year for purchasing, and 56,000 per...

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Definition Definition Intangible asset that includes proprietary or intellectual property and brand value of a firm. Goodwill is recorded in the books when a firm purchases another firm and the purchase price is more than the fair value of net identifiable assets of the acquired business. The amount of goodwill is recorded on the asset side of the balance sheet (statement of financial position).

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