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Firm A acquires firm B when firm B has a book value of assets of $275 million and a book value of liabilities of $95

Firm A acquires firm B when firm B has a book value of assets of $275 million and a book value of liabilities of $95 million. Firm A actually pays $295 million for firm B. This purchase would result in goodwill for firm A equal to __________.

Multiple Choice

$295 million

$275 million

$180 million

$115 million

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