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Business A acquires business B for 89,000,000 in cash. The business B has a working capital of 6,500,000 and no long-term liabilities. Its fixed assets
Business A acquires business B for 89,000,000 in cash. The business B has a working capital of 6,500,000 and no long-term liabilities. Its fixed assets are valued at 77,000,000. Business A will use the accounting method to record the market. At what amoun twill appear the surplus value (goodwill) in the accounting books of business A after the market?
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