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Business, 13.03.2020 00:58 julissav28346
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The noncontrolling interest shares of Float Corp. are not actively traded.
What is the total amount of goodwill recognized at the date of acquisition?
a) $150,000
b) $250,000
c) $0
d) $120,000
e) $170,000
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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's...
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