Find what is amount of goodwill that sanders should record

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TESTING WHETHER PATENT IS IMPAIRED

On March 31 2018 sanders corps purchased Arizona's inc for $75 million. On the date of purchase Arizona's' assets had a book value of $86million and a fair value of $108million, Arizona's liabilities had a book value and fair market value of $68 million

Problem 1: What is the amount of goodwill that sanders should record because of acquisition of Arizona's

Reference no: EM132740249

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