Answer: $157,000
Calculations:
Cash | $161,000 |
Accounts receivable | $143,000 |
Capitalized software costs | $345,000 |
Goodwill | $168,000 |
Research and development | $264,000 |
Liabilities | ($159,000) |
Net assets | $922,000 |
Cash paid | ($911,000) |
Excess of net assets over cash paid | $11,000 |
In Consolidated Balance Sheet, | |
Goodwill | $168,000 |
Excess of net assets over cash paid | ($11,000) |
Goodwill shown in consolidated balance sheet | $157,000 |
4th multiple choice) 106,000 Eco 215, 00-01.. Manage your team... Saved Help Save & Exit On...