Question
Company A purchased another company, Company B. Purchase price, for cash $ 280,000 Book value of Company Bs assets 570,000 Fair value of Company Bs
Company A purchased another company, Company B. Purchase price, for cash $ 280,000 Book value of Company Bs assets 570,000 Fair value of Company Bs assets 630,000 Book value of Company Bs liabilities 380,000 Fair value of Company Bs liabilities 410,000 How much did the Company A pay for goodwill?
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Debra Good
14th Canadian Edition
0135222419, 978-0135222416
