Answer:
I don't know but good luck finding the answer
Explanation:
Answer:
The amount of goodwill that is recorded by Large is $5 million
Explanation:
Goodwill is the excess of price consideration paid to acquire controlling stake in a company over the fair value of the company's net assets.
Net assets in the sense implies the fair value of total assets less fair value of liabilities.
Fair value of total assets is $9 million
Fair value of liabilities is $3 million
As a result net assets upon acquisition is $6 million($9 million less $3 million)
Since the consideration paid in acquiring Small's voting stake is $11 million, goodwill is $5 million($11 million less $6 million).
The $ 5 million is the excess of purchase consideration over the fair value of Small's net assets as at the date of acquisition
<span>The standard of proof to find a defendant who has been charged with a crime guilty is beyond a reasonable doubt. This means Sun-Hi can only be found guilty by jurors after all the evidence is given and all the the facts and information about the case has been given as well. The jurors must be convinced that Sun-Hi is guilty of the crime by using the evidence. This term creates a standard for all courts in the U.S. to follow, which ensures the court process is done right.</span>
