d, because no impairment of goodwill is recognized.
d, consolidated net income will decrease due to amortization of the allocated difference
which is not the goodwill (P60,000 / 10 years).
d, computed as follow
_1. The capital budget is a(n)
A. Plan to insure that there are sufficient funds
available for the operating needs of the
B. Exercise that sets the long range goals of the
company including the consideration of
C. Plan that coo