If a parent company discovers that the assets of an acquired company are worth less than it
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If a parent company discovers that the assets of an acquired company are worth less than it believed at the time of the acquisition, it is appropriate to increase goodwill because this means that the excess of the purchase price over the net asset value of the acquired company was greater than what the parent company originally believed.
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Detecting Accounting Fraud Analysis And Ethics Global Edition
ISBN: 9781292059402
1st Global Edition
Authors: Cecil W. Jackson
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