Solution-Calculate carrying value of goodwill

Calculate carrying value of goodwill

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Question - Goodwill: Stiller recorded goodwill in January 2019, related to a purchase of another company. The carrying value of goodwill is $12,000 on December 31, 2020. On December 31, 2020, the segment for which the goodwill relates had a fair value of $232,000. The book value of the net assets of the segment (including goodwill) is $240,000. Calculate Carrying value of goodwill, Dec. 31, 2020, after impairment testing?

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Calculate carrying value of goodwill

Reference no: EM133097387

Reference no: EM133097387

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