Determine the goodwill valuation for ZD Corporation. Provide numbers to support your revaluation if necessary and explain your process. Fair Value amount was determined to be $11,339,000.

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Assets ZD Corporation Balance Sheet Summary December 31, 2019 Current Assets Property, Plant, & Equipment, net Total Assets Liabilities Current Liabilities Bonds Payable (maturity date-12/31/2024) Total Liabilities Stockholders' Equity Common Stock/Additional Paid-In-Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 25,000,000 15,000,000 40,000,000 21,000,000 8,000,000 29,000,000 8,000,000 3,000,000 11,000,000 40,000,000 Assets ZD Corporation Balance Sheet Summary December 31, 2019 Current Assets Property, Plant, & Equipment, net Total Assets Liabilities Current Liabilities Bonds Payable (maturity date-12/31/2024) Total Liabilities Stockholders' Equity Common Stock/Additional Paid-In-Capital Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 25,000,000 15,000,000 40,000,000 21,000,000 8,000,000 29,000,000 8,000,000 3,000,000 11,000,000 40,000,000

Answer rating: 100% (QA)

Fair Value of the Acquired Business The fair value of the acquired business is 11339000 This i... View the full answer