Suppose the following information is related to legal merger: The combinor issued 10000 common shares with $10 par value and $20 FMV to acquire all the voting common stocks of combinee. The business combination costs: direct 10000 and indirect 15000. The net assets of combinee at the FMV 180000. 

What is the goodwill?

Answer rating: 100% (QA)

To calculate the goodwill in a legal merger we need to compare the fair value of the consideration t... View the full answer