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Would investors be willing to pay more than $500,000 for the restaurant near the campus?...

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Accounting

Would investors be willing to pay more than $500,000 for the restaurant near the campus?
What is the maximum price you would be willing to pay for the business?
If an investor group purchased the restaurant near the campus for $800,000 and the fair value of the assets they acquired was $500,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets.

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