Homework Answers
Goodwill = 500000 dollars
Above answer is explained below in detail:
Goodwill : It is the part of the purchase price in excess of net fair value in purchase of a concern. Here all assets are considered at fair value and liabilities assumed in the process of purchase.
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Alpha Company was recently sold for $1,250,000. Alpha assets & liabilities consisted of the following: Item...
Question 13 Alpha Company was recently sold for $1,250,000. Alpha assets & liabilities consisted of the...
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