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PART 1.(20points)Use the table at the bottom of the page for PARTS 1 and 2.Itcontains an alphabetical list of the accounts and balances of Happy Feet Yardstick and Ruler Company on December 31, 2008, butprior tothe closing entries.In the space below, use the appropriate informationfrom ...
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Another typical FA/FFA exam question will require you to calculate goodwill. Under this syllabus, the non-controlling interest (NCI) will be recorded at its fair value. Therefore, goodwill is calculated as: $ (1) Fair value...