Parsons Company acquired 90% of Roxy Company several years ago and recorded goodwill of $200,000 at that date. During 2015 an analysis of the fair value of Roxy's assets determined an impairment of goodwill in the amount of $50,000. At what amount would consolidated goodwill be reported for 2015?
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Parsons Company acquired 90% of Roxy Company several years ago and recorded goodwill of $200,000 at...
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