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DOBA101 Finish attempt ... Print Question 6 Not changed since last attempt Marked out of 2.00 P Hag question Rand Corporation acquires Southern Company's assets
DOBA101 Finish attempt ... Print Question 6 Not changed since last attempt Marked out of 2.00 P Hag question Rand Corporation acquires Southern Company's assets and liabilities for $20,000,000 in cash. At the date of acquisition, Southern's balance sheet reported assets of $75,000,000 and liabilities of $65,000,000. Investigation reveals that Southern's reported plant assets are overvalued by $1,400,000. Rand reports how much goodwill on this acquisition? Select one: A $8,600,000 O B. $11,400,000 O C. $7,000,000 O D, $10,000,000
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