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Jill Ltd had the following assets and liabilities: Account $ Cash 1 000 Accounts receivable 17 500 Inventories 32.000 Property & plant 165 500 Financial
Jill Ltd had the following assets and liabilities: Account $ Cash 1 000 Accounts receivable 17 500 Inventories 32.000 Property & plant 165 500 Financial assets 19 000 Prepaid expenses 2 000 Provision for warranty 1 500 Loan payable 40 000 Accountspayable 76000 Jack Ltd acquired the net assets of Jill for $134 000 consideration. What is the value of the goodwill acquired by Jack? Question 6Answer a. $16 500 b. $14 500 c. $15 000 d. $25 000 e. $13 000
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