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Question 6 Not yet answered Marked out of 1,00 p Flag question if you know that Cyprus Company acquired 90 percent of the outstanding shares

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Question 6 Not yet answered Marked out of 1,00 p Flag question if you know that Cyprus Company acquired 90 percent of the outstanding shares of Star Company by paying $400,000 in cash. The fair value of star identifiable assets is $320,000, and the abilities is $40,000. Determine the amount of goodl will/ gain on bargain purchase A BI EE OP

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