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How much goodwill would be shown

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Question - Page Company acquired all of the outstanding common stock of Sage Company at a total cost of $100,000. Sage Company's net assets have a book value of $60,000 and a current value of $90,000. In the consolidated balance sheet, how much Goodwill would be shown?

a. $-0-

b. $10,000

c. $30,000

d. $40,000

Reference no: EM133172426

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