QUESTION 6

1. Acquirer
   Current Assets	100		Current Liab	250
   Property	225		Debt	100
   Goodwill	100		Equity	75
   Total Assets	425		Total Liab and Equity	425
   Target
   Current Assets	25		Current Liab	15
   Property	10		Debt	10
   Goodwill	22		Equity	32
   Total Assets	57		Total Liab and Equity	57
   Target is acquired for 200 using debt. Fair Market Value of Property of target is 75. What is the goodwill?

   		200
   		168
   		103
   		125