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Business, 24.03.2020 17:06 gabrielaperezcz

The balance sheet of Flo's Restaurant showed total assets of $600,000, liabilities of $160,000 and stockholders’ equity of $540,000. An appraiser estimated the fair value of the restaurant assets at $680,000. If Alice Company pays $770,000 cash for the restaurant, what is the amount of goodwill?

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The balance sheet of Flo's Restaurant showed total assets of $600,000, liabilities of $160,000 and s...
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