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Business, 14.04.2020 18:37 kasper04

The balance sheet of Flo's Restaurant showed total assets of $360,000, liabilities of $104,000 and stockholders’ equity of $306,000. An appraiser estimated the fair value of the restaurant assets at $415,000. If Alice Company pays $505,000 cash for the restaurant, what is the amount of goodwill?

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