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Choose the option to correctly complete the following sentence. If the purchase price is _________ the __________ value of the net assets acquired, the excess
Choose the option to correctly complete the following sentence. If the purchase price is _________ the __________ value of the net assets acquired, the excess purchase price is recorded as _________ called Goodwill.
a. greater than; book; an asset
b. greater than; market; an asset
c. less than; book; a liability
d. less than; market; a liability
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