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Problem #5 5 points Routing Solutions paid $233,000 to acquire Tabletz Company, an electronic gadget- advertising website. At the time of the acquisition, Tabletz's balance
Problem #5 5 points Routing Solutions paid $233,000 to acquire Tabletz Company, an electronic gadget- advertising website. At the time of the acquisition, Tabletz's balance sheet reported total assets of $233,000 and liabilities of $116,500. The fair market value of Tabletz's assets was $233,000. The fair market value of its liabilities was $116,500. How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz? A) $233,000 B) $58,250 C) $116,500 D) $174,750
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