Given: N N Capital 200,000 total assets 210,000 Liabilities 10,000 210,000 210,000 If the business…

Given:
N N
Capital 200,000 total assets 210,000
Liabilities 10,000
210,000 210,000
If the business is purchased at a price including a goodwill of N 20,000, what must have been the purchas price?
  • A.
    N190,000
  • B.
    N210,000
  • C.
    N220,000
  • D.
    N230,000
Correct Answer: Option D
Explanation
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