Question: NEED IN 30 MIN PLEASE! Please show work on how you got the answer please. THank you! Saved You received no credit for this question
NEED IN 30 MIN PLEASE! Please show work on how you got the answer please. THank you!
Saved You received no credit for this question in the previous attempt. Check my wor 6. Johnson Corporation acquired all of the outstanding common stock of Smith Corporation for $12,800,000 in cash. The book value of Smith's net assets (assets minus liabilities) was $9,300,000. The fair values of all of Smith's assets and liabilities were equal to their book values with the following exceptions: 1 points Receivables Property, plant, and equipment Intangible assets Book Value $2,800,000 9,500,000 350, eee Fair Value $ 2,450,000 11,050,000 1,500,000 eBook Required: Calculate the amount paid for goodwill. Print Goodwill 1.100.000 References
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