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plz show the formula foe each answer! I will rate it 1 Long-Term Operating Assets: Acquisition, Cost Allocation, and Derecognition 2 Goodwill and Bargain Purchase
plz show the formula foe each answer! I will rate it
1 Long-Term Operating Assets: Acquisition, Cost Allocation, and Derecognition 2 Goodwill and Bargain Purchase Computations 3 4 The trial balance for the Dark Horse Company follows: 5 6 Description 7 Cash 8 Inventory 9 10 11 12 13. 14 Property, plant, and equipment - Net Current liabilities Common stock - No par Retained earnings Totals: Debit Credit $ 30,000 100,000 370,000 $ 50,000 150,000 300,000 $ 500,000 $500,000 15 MPL, Inc. offers to acquire Dark Horse. The additional information is given below: 16 Purchase price $ 650,000 17 (Requirement 1 assumption) Purchase price $ 250,000 18 (Requirement 2 assumption) 19 Fair market value of the inventory $ 180,000 20 The plant assets were undervalued by $ 50,000
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