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Business, 11.02.2020 22:52 ennaturan

Pyn Corporation acquires all of Sys Company at an acquisition cost of $100,000,000 in cash. Fair values of Sys' assets and liabilities are as follows: Fair Value Current assets $ 1,000,000 Land, buildings and equipment 8,000,000 Brand names 2,000,000 Customer lists 4,000,000 Skilled workforce 15,000,000 Potentially profitable future projects 10,000,000 Liabilities 6,000,000 Pyn records goodwill of: A. $76,000,000 B. $81,000,000 C. $91,000,000 D. $66,000,000

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Pyn Corporation acquires all of Sys Company at an acquisition cost of $100,000,000 in cash. Fair val...
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