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Marvel purchase DC and paid P8,000,000 Carrying Value Fair Market Value Accounts Receivable 450,000 400,000 Building 5,100,000 5,800,000 Machinery 350,000 500,000 Bonds Payable 215,000 200,000
Marvel purchase DC and paid P8,000,000
Carrying Value Fair Market Value
Accounts Receivable 450,000 400,000
Building 5,100,000 5,800,000
Machinery 350,000 500,000
Bonds Payable 215,000 200,000
Before calculations for goodwill, what value should Marvel assign to DC?
How much goodwill should Marvel record, if any?
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