Question

a) Pront of 30,000 Q.19 if net tangible assets exceeds the capitalized value of average profit, there will be: a) No goodwill b) More goodwill c) Less goodwill d) None of the above​

Answer 1

Answer:

CORPORATE FINANCE & ACCOUNTING ACCOUNTING

Net Tangible Assets

By ALICIA TUOVILA Reviewed by MARGARET JAMES Updated Oct 25, 2020

What Are Net Tangible Assets?

Net tangible assets are calculated as the total assets of a company, minus any intangible assets such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock. In other words, its focus is on physical assets such as property, plant, and equipment, as well as inventories and cash instruments.

To calculate a company's net tangible asset per share of common stock, divide the net tangible assets figure by the number of shares of common stock outstanding.

Answer 2

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