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Consider the purchase of a supplier by North Bay Tire 1. Suppose the fair value of the net assets at the date of purchase (February

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Consider the purchase of a supplier by North Bay Tire 1. Suppose the fair value of the net assets at the date of purchase (February 1, 2020) had been $150.3 million What would the goc 2. Explain how North Bay Tire will have been accounting for this goodwill up to February 1, 2022 1. Suppose the fair value of the net assets at the date of purchase (February 1, 2020) had been $150.3 million What would the goo The goodwill would have been s 2. Explain how North Bay Tire will have been accounting for this goodwill up to February 1, 2022 million If the goodwill value is still the same, North Bay Tire would have reviewed the goodwill value 2020 uary 1, 2020) had been $150.3 million What would the goodwill cost have been if North Bay Tire had paid S194 million? al up to February 1, 2022 ruary 1, 2020) had been $150 3 million What would the goodwill cost have been if North Bay Tire had paid $194 million? (Round your fin ill up to February 1 2022 recorded. The asset value of goodwill f the goodwill value is still the same 1. Suppose the fair value of the net assets at the date of purchase (February 1, 2020) had been $150.3 million. What would The goodwill would have been million 2. Explain how North Bay Tire will have been accounting for this goodwill up to February 1, 2022 North Bay Tire would have reviewed the goodwill value If the goodwill value is still the same 2020 Enter Nour answer in the answer box on What would the goodwill cost have been if North Bay Tire had paid $194 million? (Round your final answer to one decimal place, XX) the amount on February recorded. The asset value of goodwill

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