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for and against the prohibition of internally generated goodwill?

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11y ago

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What is internally generated revenue?

Revenue that is generated internally!


What is international revenue?

Revenue that is generated internally!


In case of internally generated funds the opportunity cost to the firm is?

lendind rate


What is the definition of internally generated intangible asset?

Internally generated intangible assets mean those assets which are created by the firm by the use of its own Intellectual Properties, that is, their own knowledge for example the Goodwill, Patents to produce a particular product, Copyrights etc..


What is internally generated income?

Internally generated income refers to the revenue or earnings that a company generates from its normal business operations, excluding any external sources such as loans or investments. It is income that comes from selling goods or services to customers, as opposed to income generated from sources like interest, dividends, or capital gains.


Which would be considered to be internally generated paid in capital or retained earnings?

Retained earnings is called internally generated by company as this is the profit part which earns business during fiscal year while paid in capital is the actual invested amount by share holders of company.


What is Internally generated cap deposit?

Internally generated capital deposits refer to funds that a company accumulates through its own operations rather than external sources such as loans or investments. These deposits are typically generated from profits retained by the company rather than distributed to shareholders. Internally generated capital deposits are an important source of funding for companies looking to finance growth or investment opportunities without taking on additional debt or diluting ownership.


When is the intangible asset goodwill capitalized?

Internally generated goodwill is never capitalized, purchased goodwill is capatalized on the consoilidated balance sheet.


A condition that is due to inability of the body to take care of the amount of heat generated internally is called?

Heat stroke and heat exhaustion.


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 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.


What is cash profit?

cash gain,after adding back the nett profit(after deducting taxes)to the internally generated expenditure like depreciation and amortizatio. it is some times reffered as cash flow