What is the dollar amount of fair value over book value differences attributed to Perch at the date of acquisition?
A) $120,000.
B) $150,000.
C) $280,000.
D) $350,000.
E) $370,000.

Question

Quizplus · Accepted Answer

The fair value over book value differences attributed to Perch at the date of acquisition is $280,000. This is calculated by determining the difference between the fair value of the acquired assets and liabilities and their respective book values at the time of acquisition.

What Is the Dollar Amount of Fair Value Over Book