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Computing goodwill The preudent of X company is interested in buying Y Company, The thestration presents the statement of financial position of v Company. The

Computing goodwill The preudent of X company is interested in buying Y Company, The thestration presents the statement of financial position of v Company. The pries that X company accepted to pay is 300,000 to acquire v company Book values Building 100,000 Equipment 50,000 Patent 20,000 Inventory 20,000 Cash 50,000 Total assets-240,000 Fair values Building 120,000 Equipment 60,000 Patent 20,000 Inventory 15,000 Cash 50,000 Share capital 200,000 Liabities 40,000 Equity and liabilities-240,000 Share capital 200,000 Labates 55,000 1-X company accepted to buy Y company for a price 300,000 Paragraph

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