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Gordon Company paid $320,000 to purchase Merko Company. Merko's net worth was $150,000. What is the related goodwill value in Gordon's accounting record?
Gordon Company paid $320,000 to purchase Merko Company. Merko's net worth was $150,000. What is the related goodwill value in Gordon's accounting record?
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
