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Business, 02.03.2020 16:52 leannamat2106

Large purchased all of Small's voting stock for $11 million when Small's total owners' equity was $4 million. The book value and fair value of Small's liabilities equal $3 million. However, the fair value of Small's total assets equals $9 million. What amount of goodwill is recorded by Large (in millions)

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Large purchased all of Small's voting stock for $11 million when Small's total owners' equity was $4...

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