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6 Calculate Goodwill Tom Sawyer retired from Tom, Jerry, and Mickey Partnership with the below capital and income sharing ratio. full settlement of his interest
6 Calculate Goodwill Tom Sawyer retired from Tom, Jerry, and Mickey Partnership with the below capital and income sharing ratio. full settlement of his interest in the partnership. What is the total agreed upon goodwill of the firm. Tom was paid $100,000 in P/L ratio Beg. Bal $60,000 $40,000 $30,000 Tom Sawyer Jerry Steward Mickey Stevens 25% 35% 40%
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