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How much goodwill did Routing Solutions purchase

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Question - Routing Solutions paid $210,000 to acquire Tabletz, Inc., an electronic gadget-advertising website. At the time of the acquisition, Tabletz's balance sheet reported total assets of $210,000 and liabilities of $105,000. The fair market value of Tabletz's assets was $210,000. The fair market value of its liabilities was $105,000. How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz?

Reference no: EM132515558

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