Subsidiary Corporation has a book value of 100,000 , of which Parent Corporation purchases 100 per cent

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Subsidiary Corporation has a book value of 100,000 , of which Parent Corporation purchases 100 per cent for 115,000 . None

of the excess of cost over book value is attributed to the fair value of tangible assets. What is the amount of goodwill from consolidation?

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Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

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Question Posted: Jun 16, 2024 04:13 AM

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Subsidiary Corporation has a book value of 100,000 , of which Parent Corporation purchases 100 per cent

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Financial Accounting A Global Approach

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