I see on EOC that goodwill is calculated from balance sheet by using the difference between total equity and purchase price, maybe I forgot the accounting 101, but can someone explain to me how total equity is the same in defition of net identifable asset?
A = L + E
So,
E = A − L
ah i guess what you meant is i didnt get clear with the idea aof net identifiable asset, which is asset minus liability which is equity, correct?
Yup.