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please help with steps!! Fresh Tomato Company purchased all the outstanding common stock of Fincel Corn Company for $30,000,000 in cash. Following are the book
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Fresh Tomato Company purchased all the outstanding common stock of Fincel Corn Company for $30,000,000 in cash. Following are the book values and fair values of Fincel's assets and liabilities Current assets Property, plant, and equipment Other assets Current liabilities Long-term liabilities Book Value Fair Value $10,200,000 $13, 2ee, eee 21,000,000 27,000,000 1,800,000 2,800,000 7,200,000 7,20e, cee 11,800,000 10,8ee, eee Required: Calculate the amount paid for goodwill (Enter your answer in millions (l.e. 5,000,000 should be entered as 5).) Amount paid for good million Step by Step Solution
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