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P Co reported the book value of its net assets at $200,000 when Z Co...

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Accounting

P Co reported the book value of its net assets at $200,000 when Z Co acquired 100 % ownership.The fair value of P net assets was determined to be $255,000 on that date.what amount of goodwill will be reported in consolidated financial statements

presented immediately following the combination if Z paid $330,000 for the acquisition?

Select one: a. 75,000 b. 0 c. 25,000 d. 20,000

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