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What would total assets have been

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Problem - On April 13, 2019, Swan Ltd. purchased 80% of the shares of London Ltd. for $192,000. The purchase discrepancy was $60,000 and was allocated as follows: $40,000 to inventory and $20,000 to goodwill. The April 13, 2019 consolidated balance sheet, which was prepared under IFRS using the fair value enterprise approach, shows total assets of $930,000. What would total assets have been under the identifiable net asset approach?

Reference no: EM132853471

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