The following is information about the assets and liabilities of a business. Goodwill is valued at $50
Question:
The following is information about the assets and liabilities of a business.
Goodwill is valued at $50 000.
What should be paid for the net assets of the business?
A. $116 000
B. $119 000
C. $166 000
D. $169 000
Transcribed Image Text:
Tangible fixed assets Current assets Current liabilities Book value $ 90 000 32.000 122 000 (14 000) 108 000 Market value $ 101 000 29 000 14 000
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