Multiple Choice
X buys Y for $1 million.The fair value of the following items is: property,plant and equipment $800 000;accounts receivable $160 000;loan from the bank $60 000;and provision for employee entitlements $80 000.The value of goodwill is:
A) $40 000.
B) $10 000.
C) $180 000.
D) $820 000.
Correct Answer:
Verified
Correct Answer:
Verified
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