Question

The value of goodwill is the excess of

The purchase price over the fair value of tangible and identifiable intangible net assets acquired.

The purchase price over the fair value of tangible net assets acquired.

The purchase price over the carrying value of tangible and identifiable intangible net assets acquired.

The purchase price over the carrying value of tangible net assets acquired.

Answer 1

Solution:
	Answer is 1st option The purchase price over the fair value of tangible and identifiable intangible net assets acquired.
Working Notes:
	The value of goodwill is the excess of the purchase price over the fair value of tangible and identifiable intangible net assets acquired.
	Goodwill is the value paid in excess in more than the fair value tangible assets and other identifiable intangible assets acquired in the process of combination.
	In short , Goodwill is the amount paid more than the fair value of assets acquired.
	As we know , Goodwill is Intangible assets , so identifiable intangible assets is considered in calculation of goodwill as goodwill is intangible assets which can not be indentified , so unidentified intangible acquired assets is goodwill.
Please feel free to ask if anything about above solution in comment section of the question.