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Parent Co. acquires Sub Co. for $150,000. Sub Co's assets have a market value of $140.000 and Sub Co.'s liabilities have a market value of
Parent Co. acquires Sub Co. for $150,000. Sub Co's assets have a market value of $140.000 and Sub Co.'s liabilities have a market value of $15,000. What is the amount of goodwill resulting from this purchase? Multiple Choice $10,000 None of the other alternatives are correct $135,000 $125,000 $25,000
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