Homework Sourse14000000 13000 000 SolutionSolution Calculation of the amoun
14000000 13000 000
Solution
Solution: Calculation of the amount of Goodwill paid:
| Particulars | Amount ($) | Amount ($) |
| Purchase price | 32,000,000 | |
| Fair value of identifiable assets: | ||
| Fair value of assets acquired | 47,000,000 | |
| Less: Fair value of liabilities assumed | (21,000,000) | |
| Less: Fair value of identifiable assets | (26,000,000) | |
| Goodwill | 6,000,000 |
