Question: Question 23 (1 point) ABC, Inc. has $4.2 million in net working capital. The firm has fixed assets with a book value of $48.6 million

Question 23 (1 point) ABC, Inc. has $4.2 million in net

Question 23 (1 point) ABC, Inc. has $4.2 million in net working capital. The firm has fixed assets with a book value of $48.6 million and a market value of $53.4 million. XYZ Co. is buying ABC, Inc. for $60.6 million in cash. What is the amount of goodwill that XYZ Co. will record on its balance sheet as a result of this acquisition? $1.5 million $3.0 million $7.8 million $2.1 million $4.2 million

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