A $543,750 new mortgage for a 5 year arm, 10 year ballon 25 year amortization
schedule on a 9 unit, 4 story walk-up in Bronx, NY.
The useful life for amortization
would be the best estimate of the period over which the benefits will continue.
This deferred tax liability represents the tax effect of the difference between the book basis of the goodwill (reflecting no amortization
) and the tax basis of the goodwill (adjusted for the amortization
taken on the tax return)," writes Bean.
Statement 142 eliminates amortization
of goodwill and institutes impairment testing in its place.
of Goodwill and Other Intangibles
Thus, even if the BIG assets do not actually generate income, and even if the loss corporation generates a loss for the year, the forgone amortization
may still result in an increased Sec.
Company A uses purchase accounting and reports goodwill amortization
of 50 cents per share aftertax and earnings per share (EPS) of $1.
Capitalization of costs on a design-by-design basis with amortization
over a period of 60 months, as provided in earlier guidance, also is available.
Note that the referenced consolidated DSCRs reflect the scheduled principal and interest of the senior and subordinated debt; the supplemental amortization
has been excluded.
In addition, it applies to all computer software costs, except any computer software subject to amortization
as an "amortizable Sec.
The Omnibus Budget Reconciliation Act of 1993 (OBRA) included a long-awaited change in the way intangible assets are amortized: Deductions are allowed for most intangibles, including goodwillgoing concern values, over a 15-year amortization
These components in the year of adoption for an unfunded plan will include service cost, interest cost, and amortization
of the transition obligation.