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Question 20 (10 points) Listen Goodwill Great Corporation is interested in purchasing Big World Company Ltd. The total of Big Worlds net income amounts over

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Question 20 (10 points) Listen Goodwill Great Corporation is interested in purchasing Big World Company Ltd. The total of Big Worlds net income amounts over the last 6 years is $750,000 During one of those years, Big World reported a gain on discontinued operations of $63.000 The fair value of Big World's net identifiable assets is $685.000 A normal rate of retum on net identifiable assets is and Great Corporation wants to capitalize excess earnings at 20% Instructions Calculate the applicable amount of Goodwill ormar

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