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Business, 07.04.2020 20:16 snikergrace

The balance sheet of Flo's Restaurant showed total assets of $560,000, liabilities of $184,000 and stockholders’ equity of $426,000. An appraiser estimated the fair value of the restaurant assets at $665,000. If Alice Company pays $905,000 cash for the restaurant, what is the amount of goodwill?

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The balance sheet of Flo's Restaurant showed total assets of $560,000, liabilities of $184,000 and s...
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