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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000.The fair value of Float Is net assets was $1,850,000, and the book value was $1,500,000.The non controlling interest shares of Float Corp. are not actively traded. What is the total amount of goodwill recognized at the date of acquisition
Answers: 2
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Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000.The fair value of Float Is...
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