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Big Company purchased Small Company for $1,350,000. Small Company had assets with a fair value $1,075,000, and liabilities with a fair value of $120,000. Use
Big Company purchased Small Company for $1,350,000. Small Company had assets with a fair value $1,075,000, and liabilities with a fair value of $120,000. Use this information to determine the dollar value of goodwill? (round to nearest whole dollar)
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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications
Authors: Tracy Jones, Helen Atkinson, Angela Lorenz, Peter Harris
6th Edition
