Question
3) Intangible Assets The company proceeds to buy goodwill on 09/30/2019, for which it transfers $ 140,000 from its bank checking account. The balance of
3) Intangible Assets The company proceeds to buy goodwill on 09/30/2019, for which it transfers $ 140,000 from its bank checking account. The balance of goodwill at the time of transfer is: Vehicles: valued at $ 36,000 by the seller on his balance sheet. Date of purchase: 10/2/2018. Purchase value: 43,000. Full year of discharge. Linear system. Recovery value: $ 0. Useful life: 5 years. Facilities: valued at $ 16,000 by the seller on his balance sheet. Date of purchase: 10/2/2017. Purchase value: 28,000. Full year of discharge. Linear system. Recovery value: $ 4,000. Shelf life: 10 years. Dollars: valued at $ 26,500 by the seller on his balance sheet. They are USD 300. Buying exchange rate as of 9/30: $ 78. Selling exchange rate as of 9/30: $ 82. Merchandise: valued at $ 36,000 by the seller on his balance sheet. There are 10 units purchased at $ 360 each. Replacement cost as of 9/30: $ 380. VNR: $ 370.
What would be the goodwill as of 09/30/2019?
a) 63,300
b) 85,900
c) 86,000
d) 67,500
e) 55,300
f) None of the above.
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