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Business, 31.05.2021 16:50 roxanneee2145

The balance sheet of Subsidiary shows assets of $86,400 and liabilities of $15,000. The fair value of the assets is $90,000 and the fair value of its liabilities is $15,000. Parent paid $95,000 to acquire Subsidiary. Parent should record goodwill on this purchase of:. A) $23,600.
B) $20,000.
C) $3,600.
D) $5,000.

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The balance sheet of Subsidiary shows assets of $86,400 and liabilities of $15,000. The fair value o...
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