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Assume that fast-food restaurants generally provide an ROI of 15%, but that such a restaurant near a college campus has an ROl of 17% because its relatively large volume of business generates an above-average turnover (5ales/assets). The replacement value of the restaurant's plant and equipment is $205,000, If investors were to invest that amount in a restaurant elsewhere in town, they coufd expect a 15% ROI. Required: a. 1. Would investors be willing to pay more than $205,000 for the restaurant near the campus? 2. What is the maximum price you would be willing to pay for the business? b. If an investor group purchased the restaurant near the campus for $232,333 and the fair value of the assets they acquired was $205,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets. Complete this question by entering your answers in the tabs below. What is the maximum price you would be willing to pay for the business? Note: Do not round intermediate caiculations. Exercise 6-19 (Algo) Goodwill effect on ROI LO 6-9 Assume that fast-food restaurants generally provide an ROI of 15%, but that such a restaurant near a college campus has an ROI of 17% because its relatively large volume of business generates an above-average turnover (sales/assets). The replacement value of the restaurant's plant and equipment is $205,000. If investors were to invest that amount in a restaurant elsewhere in town, they could expect a 15% ROI Required: a. 1. Would investors be willing to pay more than $205,000 for the restaurant near the campus? 2. What is the maximum price you would be willing to pay for the business? b. If an investor group purchased the restaurant near the campus for $232,333 and the fair value of the assets they acquired was $205,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets. Complete this question by entering your answers in the tabs below. Would investors be willing to pay more than $205,000 for the restaurant near the campus? Exercise 6-19 (Algo) Goodwill effect on ROI LO 6-9 Assume that fast-food restaurants generally provide an ROI of 15%, but that such a restaurant near a college campus has an ROI of 17% because its relatively large volume of business generates an above-average turnover (sales/assets). The replacement value of the restaurant's plant and equipment is $205,000 if imvestors were to invest that amount in a restaurant elsewhere in town, they could expect a 15% ROI Required: a. 1. Would investors be willing to pay more than $205,000 for the restaurant near the campus? 2. What is the maximum price you would be willing to pay for the business? b. If an investor group purchased the restaurant near the campus for $232,333 and the fair value of the assets they acquired was $205,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets. Complete this question by entering your answers in the tabs below. If an investor group purchased the restaurant near the campus for $232,333 and the fair value of the assets they acquired was $205,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets

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