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6. Assume that the following balance sheets are stated at book value. suppose the fair market value of acquired firms fixed assets is $15,000 versus

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6. Assume that the following balance sheets are stated at book value. suppose the fair market value of acquired firms fixed assets is $15,000 versus the book value shown. Requiring firm pays $17,000 are they acquired firm and raises the needed funds through an issue of long-term debt. Assume that the purchase method of accounting it is used. Current Assets Net Fixed Assets $6,000 $23,000 Acquiring Firm Current Liabilities $3,000 Long-term Debt $5,000 Equity $21,000 Total $29,000 Total $29,000 Current Assets Net Fixed Assets $2,000 $6,000 Acquired Firm Current Liabilities Long-term Debt Equity Total $1,000 $4,000 $3,000 $8,000 Total $8,000 What is the value of goodwill that should be showing on the post-merger balance sheet

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