calculate the goodwill for the following: ABC Corp. paid SR 3,500,000,000 in cash for Oraby...

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Accounting

calculate the goodwill for the following:

ABC Corp. paid SR 3,500,000,000 in cash for Oraby Inc. and that the estimated fair market values of Subsidiary assets, liabilities, and equity accounts are as follows as of December 31 ,2020 . ? (1.0 mark)

Title

Fair value in SR

Accounts Receivable

1000,000

Inventory

500,000

PP&E net of accumulated depreciation )

1500,000

Liabilities

500,000

Common Stock

300,000

Retained Earnings

200,000

Additional Paid-in Capital

2,000,000

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