contestada

The balance sheet of cattleman's steakhouse shows assets of $85,900 and liabilities of $15,100. the fair value of the assets is $90,600, and the fair value of its liabilities is $15,100. longhorn paid cattleman's $83,320 to acquire it. longhorn should record goodwill on this purchase of:

Respuesta :

meerkat18
Goodwill ($7,820) is computed as the price paid to acquire ($83,320) minus the fair value of net identifiable assets ($75,500). Net identifiable asset is fair value of assets ($90,600) minus the liabilities recorded in the balance sheet of the company ($15,100).

Otras preguntas