Question is: Arthur plc purchases 70%of the shares of Alan plc for 2.2million. The book value and fair value of net asset at the time of acquisition were 1.9 and 2.8 respectfully. what is the goodwill on acqusition ?

Arthurple purchases 70% of the share of Alani plemillion The book value and fair value of net assets of Alan plc at the time of the acquisition were 19 and resectively Goodwill caustion is E870,000 BE650,000 240,000 None of the above Arthurple purchases 70% of the share of Alani plemillion The book value and fair value of net assets of Alan plc at the time of the acquisition were 19 and resectively Goodwill caustion is E870,000 BE650,000 240,000 None of the above