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    Advanced Accounting Study Set 4
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    Exam 1: Business Combinations: New Rules for a Long-Standing Business Practice
  5. Question
    Which of the Following Income Factors Should Not Be Considered
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Which of the Following Income Factors Should Not Be Considered

Question 3

Question 3

Multiple Choice

Which of the following income factors should not be considered in expected future income when estimating the value of goodwill?​


A) ​sales for the period
B) ​income tax expense
C) ​extraordinary items
D) ​cost of goods sold

Correct Answer:

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