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Consider the Following Schedule from a Footnote in the Adventure

Question 52

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Consider the following schedule from a footnote in the Adventure Corporation's 2016 financial statements related to its acquisition of Shoot for the Moon, Inc. (amounts in millions):
Consider the following schedule from a footnote in the Adventure Corporation's 2016 financial statements related to its acquisition of Shoot for the Moon, Inc. (amounts in millions):    Identify (1) the total value received by Shoot for the Moon, Inc. shareholders for the acquisition, (2) what portion of the sale was for existing intangibles? Identify (1) the total value received by Shoot for the Moon, Inc. shareholders for the acquisition, (2) what portion of the sale was for existing intangibles?

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1. The total value received was $17,630 ...

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