_____ On 7/1/06, Pablex acquired 75% of Sablex's outstanding common stock for $180,000 cash. Selected data pertaining to Sablex as of the acquisition date follow:
The amount reported for goodwill under the parent company concept is
A) $3,000
B) $15,000
C) $21,000
D) $28,000
E) None of the above.
Correct Answer:
Verified
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