Atold Corporation reports goodwill of $40 million on acquisition of Benholm Company. One month later, Atold...
Atold Corporation reports goodwill of $40 million on acquisition
of Benholm Company. One month later, Atold learns that Benholm's
portfolio of AFS debt investments is worth $3 million more than
estimated at the date of acquisition.
How is this reported, if the information is (1) a better estimate
of the portfolio's value at the date of acquisition (within the
measurement period), or (2) is due to events occurring subsequent
to the acquisition (after the measurement period).
|
(1) Within the measurement period |
(2) After the measurement period |
| A. |
|
|||
| B. |
|
|||
| C. |
|
|||
| D. |
|
Homework Answers
Answer:-
Option (B)
This is reported 1)within the measurement period
2)after the measurement period
Decrease in good will
Not reported .
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