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Company A acquired all the outstanding common stock of Company B for $38,000,000 in cash. The book values and fair values of Company B assets

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Company A acquired all the outstanding common stock of Company B for $38,000,000 in cash. The book values and fair values of Company B assets and liabilities were as follows: Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Book Value $11,800, eee 24,000,000 2,200,000 6,600,000 11,400,000 Fair Value $14,800,000 30,000,000 3,200,000 6,600,000 10,400,000 Required: Calculate the amount paid for goodwill. (Enter your answer in millions (.e. 5,000,000 should be entered as 5).) Amount paid for goodwill million

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