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QUESTION 3 If the purchane price of an acquired company is less than the identified fair values of the net assets, the excess will be

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QUESTION 3 If the purchane price of an acquired company is less than the identified fair values of the net assets, the excess will be accounted for as an increase in Additional PIC. accounted for as a purchase bargain. accounted for as a reduction in assets. accounted for as goodwill

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