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American Outfitters purchases a company, Canadian Outfitters, for a price of $ 4 0 0 , 0 0 0 . American Outfitters assets have a
American Outfitters purchases a company, Canadian Outfitters, for a price of $ American Outfitters assets have a market value of $M Canadian Outfitters assets have a book value of $ and a market value of $ Canadian Outfitters liabilities have a market value of $ Canadian Outfitters liabilities have a book value of $ American Outfitters liabilities have a market value of $ What is the amount of Goodwill that results from the purchase of American Outfitters of Canadian Outfitters?
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$ as goodwill only arises when a company purchases a company in the same line of business as its own and this is unknown in this case
$
$
$ as goodwill cannot arise from this type of purchase
$
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