Calculate the goodwill-gain related to this acquisition

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Question - Company C acquired Company A for $30,000,000. Fair value of current assets: $24,000,000. Fair value of long-term assets $25,000,000. Fair value of liabilities: $38,000,000. Retained earnings $2,000,000. Calculate the goodwill/gain related to this acquisition.

Reference no: EM133071000

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