For each case below, calculate the amount of excess (deficit) of fair value over book value...

 

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For each case below, calculate the amount of excess (deficit) of fair value over book value and goodwill. Assume 100% was purchased. Use good form. Case A Price Paid Case B Price Paid Case C Price Paid Case D Price Paid Case E Price Paid $16,000 $16,000 $6,000 $6,000 $10,000 Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Total Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 8,000 FMV 1,000 12,000 (3,000) 4,000 FMV 1,000 6,000 (1,500) 2,000 FMV 1,000 3,000 (1,500) 2,000 FMV 1,000 6,000 (1,500) 2,000 FMV 1,000 12,000 (1,500) 2,000 13,500 For each case below, calculate the amount of excess (deficit) of fair value over book value and goodwill. Assume 100% was purchased. Use good form. Case A Price Paid Case B Price Paid Case C Price Paid Case D Price Paid Case E Price Paid $16,000 $16,000 $6,000 $6,000 $10,000 Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Current Assets PP&E Liabilities Unrecorded Tech Total Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 Book 1,000 9,000 (2,000) 0 8,000 FMV 1,000 12,000 (3,000) 4,000 FMV 1,000 6,000 (1,500) 2,000 FMV 1,000 3,000 (1,500) 2,000 FMV 1,000 6,000 (1,500) 2,000 FMV 1,000 12,000 (1,500) 2,000 13,500

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To calculate the amount of excess deficit of fair value over book value and consequently the goodwil... View the full answer