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How much goodwill would CVN place on their books

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Question - CVN Corp purchased CK Corp for $200,000 cash. As part of the deal, CVN agreed to assume CK's debt, which CK had recorded with a book value of $30,000. CVN received all of CK's assets, which CV had recorded with a total book value $165,000. CVN had hired valuation experts who said the fair value of the debt was $32,000 and the fair value of the assets was $180,000. How much (if any) goodwill would CVN place on their books for this transaction?

Reference no: EM132616498

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