The following chart describes six transactions where 100 percent of a subsidiarys voting stock was purchased for
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The following chart describes six transactions where 100 percent of a subsidiary’s voting stock was purchased for cash. Provide the missing values. Purchase Price Net Book Value Net FMV in Excess of Book Value Goodwill 1. 9 • $ 7,000 $ 1,000 $1,000 2. $ 6,000 6,000 9 • 0 3. 12,000 9 • 4,000 3,000 4. 15,000 10,000 3,000 9 • 5. 9 • 2,000 1,000 3,000 6. 12,000 4,000 8,000 9
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