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Determine the dollar value of goodwill

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Question - Big Company purchased Small Company for $1,350,000. Small Company had assets with a fair value $1,075,000, and liabilities with a fair value of $120,000. Use this information to determine the dollar value of goodwill?

Reference no: EM132228909

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Determine the dollar value of goodwill : Small Company had assets with a fair value $1,075,000, and liabilities with a fair value of $120,000. Use this information to determine dollar value of goodwill
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