Could you explain how to reach 2,850,000 goodwill.
Homework Answers
| Total Purchase Consideration | $ 3,00,00,000 | ||
| Less: | Net Assets acquired: | ||
| Current assets | $ 40,00,000 | ||
| Plant assets | $ 2,50,00,000 | ||
| Identifiable Intangible assets | $ 1,00,00,000 | ||
| Liabilities | $ -3,75,00,000 | ||
| Net Assets acquired | $ -15,00,000 | ||
| Goodwill | $ 2,85,00,000 | ||
| Therefore, Goodwill is $28,500,000 | |||
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Could you explain how to reach 2,850,000 goodwill.
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just in case anyone solving this problem wants one like one who
tried earlier here is the Exhibit
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This question talks about exhibit 3.3 which you can ignore but
just in case anyone solving this problem wants one like one who
tried earlier here is the Exhibit
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