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Thad LtdAcquired 100% of the Common Shares of Zoe Co

Question 32

Multiple Choice

Thad Ltd.acquired 100% of the common shares of Zoe Co.for $560,000.At the time of acquisition,Zoe had the following:
Thad Ltd.acquired 100% of the common shares of Zoe Co.for $560,000.At the time of acquisition,Zoe had the following: In this acquisition,how much goodwill has been created? A) $0 B) $21,000 C) $35,000 D) $56,000
In this acquisition,how much goodwill has been created?


A) $0
B) $21,000
C) $35,000
D) $56,000

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