Write a memo to marcus, Write a memo to Marcus. The memo

Write a memo to marcus

Assignment Help Accounting Basics

Reference no: EM132476162 , Length: word count :- 500

"You've meeting with some private investors next Monday to try to arrange financing for the purchase of MicroPet. You do not understand much about accounting, and in particular, the concept of goodwill. However, You will need to be able to explain this to the private investors in order to gain their cooperation. Please write me a brief summary explaining what goodwill is, including a discussion of how it will affect our financial statements. As well, You need to know how You can determine if the value of the goodwill that MicroPet is claiming is reasonable."

Required:

Question 1: Write a memo to Marcus, addressing his questions. The memo should be concise (maximum 500 words), clear, unified, and should be adapted to the audience's needs.

Reference no: EM132476162

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