Business, 23.09.2019 10:00 ckenyewildon

Macheath inc. bought 60% of the outstanding common stock of nomes inc. in an acquisition business combination that resulted in the recognition of goodwill. nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of acquisition. what value would be attributed to this land in a consolidated balance sheet at the date of acquisition?

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Macheath inc. bought 60% of the outstanding common stock of nomes inc. in an acquisition business co...

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