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I am not sure the goodwill is correctly calculated. Should the

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I am not sure the goodwill is correctly calculated. Should the 160,000 differential be offset by the difference between book value and fair value of the assets obtained. If so, how would this affect the computations. Please see attached file Sheet2.;Additionally, when I hit reply to your posted response it takes me to the ask a question screen. This is a follow up to the original question to get clarification. I should not be taken back to "ask a question" again.;Thanks;Troy;Attachment Preview;Course Hero Answer.xls Download Attachment;Consolidated work Sheety as on Date of Acquisation;Current Assets;Land;Building;Investment in Beta;Goodwill;Alpha;Beta;Debit;Credit;Total;800000;340000;5000;1135000;200000;150000;30000;380000... Show more

 

Paper#26440 | Written in 18-Jul-2015

Price : $37
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