VALUATION: FACTORS AND METHODS
Dec 31, 2003 · Interest Fair Value - Book Value Acquired Plant assets — net ($210,000 - $200,000) 80% $ 8,000 Goodwill 44,000 Excess cost over book value acquired $ 52,000 Solution P3-5. Palmer Corporation and Subsidiary. Consolidated Balance Sheet. at December 31, 2006. Assets Current assets $ 340,000 Plant assets 830,000 Goodwill 200,000 $1,370,000 ... ................
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