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Business, 04.12.2019 06:31 maribel5979

Fisher co. acquired all of the outstanding preferred shares for $148,000 and 60% of the common stock for $1,281,000. fisher believed that one of bast's buildings, with a twelve-year life, was undervalued on the company's financial records by $70,000. required: what is the amount of goodwill to be recognized from this purchase?

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Fisher co. acquired all of the outstanding preferred shares for $148,000 and 60% of the common stock...
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