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Question · Goodwill and fair value adjustments

The Aubrac group acquired an American operation; the goodwill of 500,000 is expressed in its functional currency. It was translated at the opening date at 0.90 euro per 1 dollar; the closing rate is 0.95 euro. Calculate the goodwill translated at the closing date and the translation movement for the year.

Goodwill in dollars
500,000
Your answer

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