Explain how Goodwill is computed.Does the fair value of assets versus the book value have any effect on the recognition of goodwill? Provide an example with the associated journal entry.Will the amount of Goodwill recognized change based upon the percent of the company purchased. Can the amount be the same?In a percent acquisition, what would cause the amount of Goodwill to be non-proportional? Provide examples to support your answer.Discuss the differences between goodwill and a bargain purchase. Provide an example to support your conclusion.Discuss the treatment of goodwill that exists on a subsidiary’s books.

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