Business, 16.06.2021 18:00 KHaire4770
On September 1, 2021, Ivanhoe Corporation acquired Oriole Enterprises for a cash payment of $705,200. At the time of purchases, Oriole's balance sheet showed assets of $524,600, liabilities of $206,400, and owner's equity of $361,200. The fair value of Oriole's assets is estimated to be $834,200. Compute the amount of goodwill acquired by Ivanhoe.
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On September 1, 2021, Ivanhoe Corporation acquired Oriole Enterprises for a cash payment of $705,200...
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