Description of this paper

Assume that Bullen issued 12,000 shares of common...

Description

Solution


Question

Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value to obtain all of Vicker's outstanding stock. In this transaction (which is not a pooling of interests), how much goodwill should be recognized? A. $144,000 B. $104,000 C. $64,000 D. $60,000 E. $0

 

Paper#5827 | Written in 18-Jul-2015

Price : $25
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