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22. Griffith Brothers' Pizza bought Antonio's Pizza for $500,000. In the acquisition, total assets were valued at $200,000 and total liabilities of $10,000 that Griffith
22. Griffith Brothers' Pizza bought Antonio's Pizza for $500,000. In the acquisition, total assets were valued at $200,000 and total liabilities of $10,000 that Griffith Brothers Pizza agreed to pay. What should Griffith Brothers' record on their books upon this acquisition? a. $300,000 in goodwill. b. No goodwill would be recognized. OC. $310,000 in goodwill. d. $290,000 in goodwill
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