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Business, 12.11.2019 23:31 maskythegamer

On june 30, 2014, diode inc. purchased for cash at $50 per share all 150,000 shares of outstanding common stock of moore company. moore's balance sheet at june 30, 2014, showed net assets with a book value of $6,000,000. the fair value of moore's property, plant, and equipment on june 30, 2014, was $800,000 in excess of its book value. what amount, if any, will be recorded by diode as goodwill on the date of purchase?

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On june 30, 2014, diode inc. purchased for cash at $50 per share all 150,000 shares of outstanding c...
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