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Business, 14.12.2019 01:31 kay3940

On july 1, 2013, parent paid $2,500,000 to purchase a 75% interest in subsidiary’s voting common stock. on that date, the fair value of the 25% interest not purchased by parent was $500,000. the acquisition-date fair value of the identifiable net assets of subsidiary was $1,900,000. 21.
what is the amount of the goodwill assigned to parent?

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