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Business, 05.10.2019 08:30 labarmakenzie7855

Nadine’s home fashions has $2.12 million in net working capital. the firm has fixed assets with a book value of $31.64 million and a market value of $33.9 million. the firm has no long-term debt. the home centre is buying nadine’s for $37.5 million in cash. the acquisition will be recorded using the purchase accounting method. what is the amount of goodwill that the home centre will record on its balance sheet as a result of this acquisition?

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