What amount of Goodwill will recorded by Tesla? Tesla purchased all of the outstanding stock of Amazon
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Tesla purchased all of the outstanding stock of Amazon paying $957,000 cash. Tesla assumed all of the liabilities of Amazon. Book values and fair values of acquired assets and liabilities were: Current assets (net) Property, plant, equpiment (net) Liabilities Book Value $ 131,000 617,000 151,800 Fair Value $ 124,100 765,000 176,000 Tesla purchased all of the outstanding stock of Amazon paying $957,000 cash. Tesla assumed all of the liabilities of Amazon. Book values and fair values of acquired assets and liabilities were: Current assets (net) Property, plant, equpiment (net) Liabilities Book Value $ 131,000 617,000 151,800 Fair Value $ 124,100 765,000 176,000
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Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-0077862237
6th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
Posted Date:
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