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If Global Grocer bought International's assets listed on the previous screen (fair value $711,400) as well as its continuing business for $1,184,350 and, in addition,
If Global Grocer bought International's assets listed on the previous screen (fair value $711,400) as well as its continuing business for $1,184,350 and, in addition, assumed International's liabilities (fair value $233,050), how much would Global Grocer record as goodwill?
why is the answer 70600? I get something very different and can't seem to figure out what I'm doing wrong.
Thanks
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