Business, 12.08.2020 06:01 jessemartinez1

There is an assignment of fair values related to a $3,765,000 acquisition. The fair value of the net identifiable tangible assets is $1,850,000. The purchase included a Customer List with a fair value at $337,000. Assume that you are charged with assigning fair values related to a $4,560,000 acquisition. You determine that the fair value of the net identifiable tangible assets is $2,220,000. You also conclude that the purchase included a Customer List with a fair value at $408,000. Required:
How does this additional information affect computation of goodwill?

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There is an assignment of fair values related to a $3,765,000 acquisition. The fair value of the net...

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