Accounting Assignment/ Professional Essay Writers
March 17th, 2020
Psyche Company wants to acquire Trim Company Trim’s ROI has been above average for its industry; net income has averaged $70,000 a year more than the industry average These “excess” earnings are expected to continue at this amount for 5 years Assuming a discount rate of 8%.
How much goodwill will arise from Psyches’ purchase of Trim? Get Accounting help Today