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Page Company acquired all of the outstanding common stock of Sage Company at a total cost of $100,000. Sage Company's net assets have a book
Page Company acquired all of the outstanding common stock of Sage Company at a total cost of $100,000. Sage Company's net assets have a book value of $60,000 and a current value of $90,000. In the Page (parent) balance sheet, how much Goodwill would be shown? a. $30,000 O b. $-O- $40,000 c. d. $10,000
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