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12. The cost of the investment in the dissolved company is $200000 and the net fair value of the assets of the purchased company
12. The cost of the investment in the dissolved company is $200000 and the net fair value of the assets of the purchased company amounted to $1000000, the total liabilities of the dissolved company amounted to $ 20000 and the merger expenses amounted to $ 2500 The goodwill is: (2 Points) 60000 38750 100000 77500
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
11th edition
1111571260, 978-1111571269
