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How do we calculate goodwill under U.S. GAAP? ...

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Accounting

How do we calculate goodwill under U.S. GAAP?

It is the reported RE on the subsidiary's balance sheet.

It is the sum of all assets and shares of stock used to purchase the subsidiary.

It is the difference between the amount paid and the net assets of the subsidiary.

None of these are the correct way to calculate the value of goodwill under U.S. GAAP.

When can companies capitalize most of their R&D (research and development) costs?

When the company can show the research will lead to a feasible product.

When the R&D costs become sufficiently material to warrant capitalization.

When the company begins consulting a lawyer to develop a patent or copyright.

When the company determines that R&D costs are a significant part of its mission.

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