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Babel Corporation acquired all outstanding shares of Connor Ltd. for $2.1 million Selected information relating to Connor was as follows: Fair value of identifiable net
Babel Corporation acquired all outstanding shares of Connor Ltd. for $2.1 million Selected information relating to Connor was as follows: Fair value of identifiable net assets: $ 2.0 million Book value of identifiable net assets: $ 1.6 million Cash balance: $ 0.1 million Mindy will recognize goodwill of OA) $ 1.5 million. B) $ 0.1 million. OC) $ 1.1 million OD) $ 2.1 million
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