Determine the dollar value of goodwill

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Question - Annapolis Company purchased a $3,000, 6%, 9-year bond at 97 and held it to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)

Big Company purchased Small Company for $1,300,000. Small Company had assets with a fair value $1,000,000, and liabilities with a fair value of $100,000. Use this information to determine the dollar value of goodwill? (round to nearest whole dollar)

Reference no: EM132342025

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