Consider the purchase of a supplier by Canadian Tire. 1. Suppose the fair value of...
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Consider the purchase of a supplier by Canadian Tire. 1. Suppose the fair value of the net assets at the date of purchase (February 1. 2017) had been $180.3 million. What would the goodwill cost have been if Canadian Tire had paid S200 million? 2. Explain how Canadian Tire will have been accounting for this goodwll up to February 1, 2019. 1. Suppose the fair value of the net assets at the date of purchase (February 1, 2017) had been $180.3 million. What would the goodwill cost have been if Canadian Tire had paid $200 million? (Round your final answer to one decimal place, x.x) The goodwill would have been million. 2. Explain how Canadian Tire will have been accounting for this goodwl up to February 1, 2019 Canadian Tire would have reviewed the goodwill value V. If the goodwill value is still the same, | recorded. The asset value of goodwill Consider the purchase of a supplier by Canadian Tire. 1. Suppose the fair value of the net assets at the date of purchase (February 1. 2017) had been $180.3 million. What would the goodwill cost have been if Canadian Tire had paid S200 million? 2. Explain how Canadian Tire will have been accounting for this goodwll up to February 1, 2019. 1. Suppose the fair value of the net assets at the date of purchase (February 1, 2017) had been $180.3 million. What would the goodwill cost have been if Canadian Tire had paid $200 million? (Round your final answer to one decimal place, x.x) The goodwill would have been million. 2. Explain how Canadian Tire will have been accounting for this goodwl up to February 1, 2019 Canadian Tire would have reviewed the goodwill value V. If the goodwill value is still the same, | recorded. The asset value of goodwill
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