On september 1, 2014, winans corporation acquired aumont enterprises for a cash payment of $703,290.
at the time of purchase, aumont's balance sheet showed assets of $609,330, liabilities of $208,360, and owners' equity of $400,970.
the fair market value of aumont's assets is estimated to be $821,050.
required:
compute the amount of goodwill acquired by winans.

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.