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Business, 12.08.2019 20:20 kimboblack4192

Perch co. acquired 80% of the common stock of float corp for $1,600,000. the fair value of float's net assets was $1,850,000, and the book value was $1,500,000. the non-controlling interest shares of float corp are not actively traded.1) what is the total amount of goodwill recognized at the date of acquisition? a) $150,000b) $250,000c) $0d) $120,000e) $170,0002. what amount of goodwill should be attributed to the non-controlling interest at the date of acquisition? a) $0b) $20,000c) $30,000d) $100,000e) $120,000

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Perch co. acquired 80% of the common stock of float corp for $1,600,000. the fair value of float's n...
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