
FINANCIAL ACCOUNTING-W/SOLN.MANUAL
14th Edition
ISBN: 9781285477978
Author: Weil
Publisher: CENGAGE L
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Financial accounting
Pacific Corporation purchased Oceanic Solutions for
$2,100,000. Oceanic Solutions had assets with a fair
value of $1,750,000 and liabilities with a fair value of
$350,000.
Use this information to determine the dollar value of
goodwill.
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