Question
Thad Ltd. acquired 100% of the common shares of Zoe Co. for $560,000. At the time of acquisition, Zoe had the following: Book ValueFair value
Thad Ltd. acquired 100% of the common shares of Zoe Co. for $560,000. At the time of acquisition,
Zoe had the following:
Book ValueFair value
Inventory BV$1,400,000FV$1,400,000
LandBV 84,000FV 119,000
LiabilitiesBV 980,000FV 980,000
In this acquisition, how much goodwill has been created?
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Fundamentals Of Human Resource Management
Authors: Raymond Noe
5th Edition
0471737933, 9780471737933
