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TABLE 9.1
Balance Sheet for the Dr. Green Division of DDS
Fair Market
Fair Market
Fair Market
Fair Market Value
Value of
Value of Asset
Value of
of Components of
Asset
Components
Components of
Liabilities
Components
as of
Liabilities
Liabilities
+
Net Worth
at Acquisition
March 31,
+
Net
+
Net Worth at
as of
Assets
Date
2002
Worth
Acquisition Date
March 31, 2002
Current assets
$100,000
$100,000
Short-term debt
$100,000
$50,000
Net plant
350,000
$300,000
Other current
liabilities
$100,000
$100,000
Net equipment
$250,000
$250,000
Long-term debt
$400,000
$400,000
Intangible asset:
Equity value
Customer excluding
list
$200,000
$150,000
goodwill
$300,000
$250,000
Total
Total liabilities
identifiable assets
$900,000
$800,000
+ net worth
$900,000
$800,000
Goodwill
$100,000
$100,000
Goodwill
$100,000
$100,000
Total value of
Total liabilities
operating unit
$1,000,000
$900,000
+ net worth
$1,000,000
$900,000