Routing Solutions Paid $233,000 to Acquire Tabletz Company,an Electronic Gadget-Advertising

question 120

Multiple Choice

Routing Solutions paid $233,000 to acquire Tabletz Company,an electronic gadget-advertising website.At the time of the acquisition,Tabletz's balance sheet reported total assets of $233,000 and liabilities of $116,500.The fair market value of Tabletz's assets was $233,000.The fair market value of its liabilities was $116,500.How much goodwill did Routing Solutions purchase as part of the acquisition of Tabletz?

• A) $233,000
• B) $58,250
• C) $116,500
• D) $174,750

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Definitions:

Dual Concerns Model

A model in conflict resolution theory that maps the concern people have for their own outcomes with their concern for the outcomes of others.

Cooperativeness Dimension

An aspect of behavior indicative of a person's willingness to work with others towards achieving a common goal.

Voluntary Process

An action or procedure undertaken freely without coercion.

Negotiation

Negotiation is a dialogue between two or more parties aimed at reaching a mutually beneficial agreement or resolving a conflict.