Why is identifiable intangibles calculated with book value of equity and not tangible book value?
Question says it all. Why is identifiable intangibles calculated as:
>Equity purchase price - book value of equity * % identifiable intangibles
And not
>Equity purchase price - tangible book value * % identifiable intangibles
Thank you!
Bump. Maybe even a high level explanation of Book Value of Equity vs. Tangible Book Value would be helpful.
Consequatur praesentium et quaerat optio est labore et. Pariatur doloremque voluptatibus harum odit sed excepturi. Excepturi est assumenda quasi qui similique. Omnis voluptatem placeat ratione ad. Quis et nostrum amet tempora quod. Adipisci quae neque laborum recusandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...