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On September 1, 2020, Bramble Corporation acquired Marin Enterprises for a cash payment of $700,000. At the time of purchase, Marins balance sheet showed assets
On September 1, 2020, Bramble Corporation acquired Marin Enterprises for a cash payment of $700,000. At the time of purchase, Marins balance sheet showed assets of $580,000, liabilities of $250,000, and owners equity of $330,000. The fair value of Marins assets is estimated to be $750,000. Compute the amount of goodwill acquired by Bramble
Value assigned to goodwill ? |
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