Question: amount paid for goodwill apter / Homework 1 Help Sav Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $33,000,000
amount paid for goodwill
apter / Homework 1 Help Sav Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $33,000,000 in cash. The book values and fair values of Iceberg's assets and liabilities were as follows: Current sets Property, plant, and equipment Other sets Current liabilities Long-ter liabilities Book Value $12,800,000 26.800,000 4.400.000 8,800,000 16,200,000 Fair Value $15,000,000 32,800,000 5.400.000 ,000,000 15,200,000 look ant Print Required: Calculate the amount paid for goodwill. (Enter your answer in millions (.e. 5,000,000 should be entered as 5).) References Amount paid for goodwill million
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