Business
Business, 11.02.2020 21:03, aime005

Perch Co. acquired 80% of the common stock of Float Corp for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp are not actively traded.

What is the total amount of goodwill recognized at the date of acquisition?

a) $150,000
b) $250,000
c) $0
d) $120,000
e) $170,000

answer
Answers: 3

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Perch Co. acquired 80% of the common stock of Float Corp for $1,600,000. The fair value of Float's n...

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