Homework Answers
Goodwill = Purchase consideration + Fair value of current liabilities + fair value of long term liabilities - Fair value of current assets - Fair value of Property, plant and equipment - Fair value of other assets
= 39 + 9.2 + 13.8 - 17 - 34.2 - 5.8
= $5 million
Amount paid for goodwill = $5 million
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