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What is an unidentifiable asset?
Goodwill is an unidentifiable asset
Is goodwill tangible asset?
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Why goodwill is an intangible asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is goodwill an operating asset?
Yes.
Is goodwill a fixed asset or fictitious asset?
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
Is goodwill a financial asset?
According to the FASB, goodwill is defined as an asset.
What is an unidentifiable asset?
Goodwill is an unidentifiable asset
Why goodwill is an asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is goodwill a tangible asset?
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Is goodwill tangible asset?
goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .
Why goodwill is an intangible asset?
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
Is goodwill an operating asset?
Yes.
Is goodwill a real asset?
No, goodwill is not a real asset. There are assets that are cannot be measured directly but in the end, they will make changes to the performance of the enterprise.
Is goodwill a fixed asset or fictitious asset?
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
Is long term debt asset or liabilities?
A long-term investment is considered a long-term asset, because a firm expects a probable future economic benefit to result from it.
Is machinery on an income statement or balance sheet?
Machinery is an asset of business and long term asset so it is part of long term asset in balance sheet.
Is goodwill a fixed asset or ficti tious asset?
Goodwill in an intangible asset. It can be purchased or internally-generated. Purchased goodwill can occur when a businesses purchases a company's assets for more than their fair value. Internally-generated goodwill can arise for a few reasons, such as the fact that a company develops a reputation in the industry and in the market. Such a factor is an asset to the company, but is not tangible. I believe accounting principles are fairly restrictive on this type of goodwill.
