Question
31. Machinery with a book value of $570,000 is estimated to generate future cash flows of $500,000. The machinery has a fair value of $420,000.
31.
Machinery with a book value of $570,000 is estimated to generate future cash flows of $500,000. The machinery has a fair value of $420,000. What loss on impairment should be recognized?
| $ -0-. | ||
| $180,000. | ||
| $30,000. | ||
| $150,000. |
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Advanced Financial Reporting And Analysis
Authors: John Dunn, Margaret Stewart
1st Edition
0470973609, 9780470973608
