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Short Corporation acquired Hathaway, Inc., for $52,450,000. The fair value of all Hathaway's identifiable tangible and intangible assets was $52,000,000. Short will amortize any
Short Corporation acquired Hathaway, Inc., for $52,450,000. The fair value of all Hathaway's identifiable tangible and intangible assets was $52,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition?
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Financial Accounting with IFRS Fold Out Primer
Authors: John Wild
5th edition
978-0077408770, 77408772, 978-0077413804
