Timelies all!
{{{Gud, Jilli & Pete, FredPete & Hubs and anyone else having crap happen to them}}}
'Safe'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Timelies all!
{{{Gud, Jilli & Pete, FredPete & Hubs and anyone else having crap happen to them}}}
So goodwill=Extra Money We Can Pull Because We're So Awesome, Booyah!
Not exactly, because of an important point tommyrot mentioned: a company accounts for goodwill when it buys another company. It does not get to put its own goodwill on the books. The market might think that it's just the most awesome thing ever to go with awesomesauce, but it won't make a bit of difference to its accounts. However, if it buys the company that has been declared Teh Awesome, then it has to account for it. Because it had to pay for Teh Awesome, oh yes it had to pay.
I suppose Goodwill looks more professional in the Annual Report.
They save the Booyahs for the explanatory notes.
So the goodwill in the report represents goodwill we acquired from another company that we bought.
So the goodwill in the report represents goodwill we acquired from another company that we bought.
Precisely! (The only reason even this goodwill appears in the books is because of the difference between the purchase price and the value on the purchased company's books. Really it's all just a little embarrassing.)
Omg y'all so much suck going on. Hugs to gud and jilli and Fred. Dj, I hope something will work out on the job.
I got a wee bit of good news. I start a parttime job on Monday.
yay for you msbelle - good for you and maybe your mom can breath a little
Good news, msbelle!
what's the job?
YAY msbelle!
msbelle, that's great news. Congratulations!