Business, 25.10.2019 23:43 princessss30188

Amie, inc., has 190,000 shares of $1 par value stock outstanding. prairie corporation acquired 57,000 of amie’s shares on january 1, 2015, for $114,000 when amie’s net assets had a total fair value of $478,000. on july 1, 2018, prairie bought an additional 114,000 shares of amie from a single stockholder for $4 per share. although amie’s shares were selling in the $3 range around july 1, 2018, prairie forecasted that obtaining control of amie would produce significant revenue synergies to justify the premium price paid. if amie’s identifiable net assets had a fair value of $623,500 at july 1, 2018, how much goodwill should prairie report in its postcombination consolidated balance sheet?

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Amie, inc., has 190,000 shares of $1 par value stock outstanding. prairie corporation acquired 57,00...

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