Business, 11.02.2020 04:54 bnation5970

Atold Corporation reports goodwill of $40 million on acquisition of Benholm Company. One month later, Atold learns that Benholm's portfolio of AFS debt investments is worth $3 million more than estimated at the date of acquisition. How is this reported, if the information is (1) a better estimate of the portfolio's value at the date of acquisition (within the measurement period), or (2) is due to events occurring subsequent to the acquisition (after the measurement period). (1) Within the measurement period (2) After the measurement period A. Decrease in goodwill Gain in OCI B. Decrease in goodwill Not reported C. Not reported Gain in OCI D. Gain in OCI Not reported

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Atold Corporation reports goodwill of $40 million on acquisition of Benholm Company. One month later...

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