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Business, 27.03.2020 05:17 bhenretty2458

Floyd Company purchases Haeger Company for $3,200,000 cash on January 1, 2013. The book value of Haeger Company's net assets, as reflected on its December 31, 2012 balance sheet is $2,480,000. An analysis by Floyd on December 31, 2012 indicates that the fair value of Haeger tangible assets exceeded the book value by $240,000, and the fair value of identifiable intangible assets exceeded book value by $180,000. How much goodwill should be recognized by Floyd Company when recording the purchase of Haeger Company

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Floyd Company purchases Haeger Company for $3,200,000 cash on January 1, 2013. The book value of Hae...
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