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Company A purchased Company B for $100,000 cash. At the time of purchase, Company Bs assets had a market value of $70,000 and the liabilities
Company A purchased Company B for $100,000 cash. At the time of purchase, Company Bs assets had a market value of $70,000 and the liabilities had a market value of $30,000. What amount of goodwill should Company A record?
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