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Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value to
obtain all of Vicker's outstanding stock. In this transaction (which is not a pooling of interests), how
much goodwill should be recognized?
A. $144,000
B. $104,000
C. $64,000
D. $60,000
E. $0
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Question:
Assume that Bullen issued 12,000 shares of common stock with a $5 par value...