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ABC buys a smaller company XYZ for a negotiated price of 1 million. XYZ's assets are valued at 750,000. Assuming goodwill is amortized over 5
ABC buys a smaller company XYZ for a negotiated price of 1 million. XYZ's assets are valued at 750,000. Assuming goodwill is amortized over 5 years, what is the value of goodwill in ABC's Statement of Financial Position at the end of the third year after acquisition will be?
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