FINANCIAL+MGRL.ACCT.(LL)-W/CODE>CUSTOM<
9th Edition
ISBN: 9781266874765
Author: Wild
Publisher: MCG CUSTOM
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Pablo Foods Ltd. acquires all the outstanding stock of Northern Harvest Inc. for $15 million. The fair value of Northern Harvest's assets is $10.4 million, and the fair value of its liabilities is $2.1 million. Calculate the amount paid for goodwill.
A firm reported wages expense of $607 million and cash paid for wages of $578 million. What was the change in wages payable for the period?
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