That means the entire amount paid for it can be considered goodwill, and Facebook would have recognized it as such on its balance sheet. However, before the acquisition, the American Farm Bureau ...
In this case, goodwill equals $1,600,000, or $4 million minus $2.4 million. This means that Company A paid a $1.6 million premium above the company’s net assets to acquire its assets ...
While there is no actual definition of goodwill in the IRC, it does refer to it. IRC Section 197 provides for and controls the amortization of intangibles including goodwill. State laws recognize ...