₦ Plant and Machinery 190000 Motor Vehicle 170000 Stock 60000 Current Liabilities 50000 Purchase consideration 40000 The goodwill is?

The goodwill is?

Answer Details

Goodwill = Purchase consideration - value of assets
Total value of assets = 190,000 + 170,000 + 60,000 - (50,000)
= 370,000

Therefore, Goodwill = 400,000 - 370,000
= ₦30,000