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What amount of goodwill will bravo homes record in its books

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Question - Bravo Homes is acquiring Linville Developers for $785,000 in cash. Linville has fixed assets with a book value of $153,000 and an estimated market value of $220,000, plus net working capital of $114,000. What amount of goodwill will Bravo Homes record in its books?

Reference no: EM133174394

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