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What implications does the existence of this goodwill

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Reference no: EM133004191

Question - In evaluating the unaudited financial statements of its target (the Beisy Company), the Almanzo Company sees a $2 million goodwill asset. What implications does the existence of this goodwill have on Almanzo's valuation process? Is there a reason to be concerned? Does your answer to the preceding question change if a large goodwill impairment charge in the amount of $5 million was taken in the prior year? Explain your answer fully.

Reference no: EM133004191

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