What is the goodwill arising from the acquisition

Reference no: EM132703169

Problem 1: Hauser Company purchased another entity for P10,000,000 cash. The following carrying amount and fair value were associated with this acquisition: Accounts receivable CA 4,000,000; FV 4,000,000; Inventory CA 2,000,000; FV 1,000,000; Equipment CA 800,000; FV 1,000,000; ST loan payable CA 4,000,000; FV 4,000,000. What is the goodwill arising from the acquisition?

Reference no: EM132703169

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