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Business, 02.09.2019 23:10 papasully1

On november 30, parlor, inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of shaw co. at november 30, shaw's balance sheet showed a carrying amount of net assets of $3,000,000. at that date, the fair value of shaw's property, plant and equipment exceeded its carrying amount by $400,000. in its november 30 consolidated balance sheet, what amount should parlor report as goodwill?

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On november 30, parlor, inc. purchased for cash at $15 per share all 250,000 shares of the outstandi...
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