Where on the Consolidated Statements of Financial Position is goodwill included for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
Goodwill arises from business combinations and represents the excess of the cost of an acquired entity over the net fair value amounts that were assigned to the identifiable assets acquired and the liabilities assumed. Goodwill is amortized on a straight-line basis over a ten-year useful life and is tested for impairment if circumstances indicate that the goodwill carrying value may exceed its fair value. Goodwill is included in other assets, net in the Consolidated Statements of Financial Position.
Other intangible assets include acquired customers, developed technologies, and trademarks and trade names resulting from business acquisitions. Other intangible assets are valued based on their acquisition date fair values and, other than trademarks and trade names which are indefinite-lived, are amortized using the straight-line method over their estimated useful lives, ranging from 7.5 years to 10 years. Other intangible assets are included in other assets, net in the Consolidated Statements of Financial Position.
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, goodwill is included in other assets, net in the Consolidated Statements of Financial Position. Goodwill arises from business combinations and represents the excess of the cost of an acquired entity over the net fair value amounts that were assigned to the identifiable assets acquired and the liabilities assumed.
Goodwill for Bw Premier Collection is amortized on a straight-line basis over a ten-year useful life. The company tests for impairment if circumstances indicate that the goodwill carrying value may exceed its fair value.
Other intangible assets, such as acquired customers, developed technologies, trademarks, and trade names resulting from business acquisitions, are also included in other assets, net in the Consolidated Statements of Financial Position. These assets are valued based on their acquisition date fair values and are amortized using the straight-line method over their estimated useful lives, ranging from 7.5 years to 10 years, except for trademarks and trade names, which are indefinite-lived.