Business, 10.03.2020 07:29 trying2passs
Annapolis Company was recently sold for $470,000. Annapolis had assets & liabilities appraised at the time of the sale in the amounts of:ItemAmountAccounts Receivable assumed by buyer $135,000Inventory $275,000Property, Plant & Equipment (net) $500,000Notes Payable assumed by buyer $655,000Using this information, how much should be recorded as Goodwill for this transaction?
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Annapolis Company was recently sold for $470,000. Annapolis had assets & liabilities appraised a...
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