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Business, 30.10.2020 18:00 amandajbrewerdavis

A company pays $95,000 in cash and stock to acquire 80% of the voting stock of another company. The fair value of the noncontrolling interest is $21,250. The book value of the acquired company is $66,250, and no revaluations of acquired identifiable net assets are necessary. What percentage of total goodwill is allocated to the controlling interest, following U. S. GAAP

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A company pays $95,000 in cash and stock to acquire 80% of the voting stock of another company. The...

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