On september 1 2010 winans corporation acquired aumont

Reference no: EM13596756

On september 1, 2010, winans corporation acquired aumont enterprises for a cash payment of $687,130. at the time of purchase, aumont's balance sheet showed assets of $618,030, liabilities of $203,760, and owners' equity of $414,270. the fair value of aumont's assets is estimated to be $804,580. compute the amount of goodwill acquired by winans.

Reference no: EM13596756

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