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QUESTION
What would be the impact on Blockbuster's 1988 earnings per share if 5 year amortization were applied to this goodwill?
What would be the impact on Blockbuster's 1988 earnings per share if 5 year amortization were applied to this goodwill?
The accumulated amortization of intangible assets amounted to $769,000 in 1988 and$196,000 in 1987. If this earning is amortized in 5 years instead of 20 years then net income forBear Stearns...