Question: MassiveCorp buys TinyCorp for $ 1 , 0 0 0 , 0 0 0 . In return, they get tangible assets with a fair value
MassiveCorp buys TinyCorp for $ In return, they get tangible assets with a fair value of $ and a net book value of $ after accumulated depreciation: intangible assets with a fair value of $ and a net book value of $ after accumulated amortization; and intangible assets with a fair value of $ but because they were developed internally were never shown as an asset on their books. wht do you consider the tangible assets to be and the resulting goodwill?
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