Multiple Choice
Enya Corporation acquired 100 percent of Celtic Corporation's common stock on January 1, 20X9. Summarized balance sheet information for the two companies immediately after the combination is provided:
-Based on the information provided,the consolidated balance sheet of Enya and Celtic will reflect goodwill in the amount of:
A) $0.
B) $58,000.
C) $22,000.
D) $36,000.
Correct Answer:
Verified
Correct Answer:
Verified
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