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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (90382)	10/15/1999 7:43:00 PM
From: Dan3	Read Replies (1) \| Respond to of 186894

Re: the items you list are NOT tangible they are INTANGIBLE... I'm not a CPA, but here's my take after a quick review of Kieso & Weygandt: I'm pretty sure I'm correct on this. Goodwill applies to anything that is hard to put a finite value on - examples are: Good labor relations Outstanding credit rating High standing in the community Strategic location Patents, customer lists, etc. can usually be valued. A good rule of thumb to see if something is "goodwill" is to evaluate it to see if it could be sold separately - like a patent or a customer list. If it's something that cannot be sold because it is a characteristic of a "going-concern" business - like a superb management team, or any of the things I listed above, it's probably safe to call it "goodwill" Dan