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Company X is looking to acquire the net assets of Company Y. In order to make this happen, Company X makes a cash deal to
Company X is looking to acquire the net assets of Company Y. In order to make this happen, Company X makes a cash deal to Company Y for the amount of $300 million. The fair value of identified assets acquired is equal to $360 million and the fair value of assumed liabilities is equal to $200 million. When Company X has to record the purchase, what will their goodwill be equal to?
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