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6-14 show work Problem At the end of 2020. Pharoah Company is conducting an impairment test and needs to develop a fair value estinate for
6-14 show work Problem At the end of 2020. Pharoah Company is conducting an impairment test and needs to develop a fair value estinate for machinery used in its manufacturing operations. Given the nature of Pharoahoduction process, the equipment is for special use. (No secondhand market values are available.) The equipment will be obsolete in 2 years, and Pharoah accountants have developed the following cash flow information for the equipment, Net Cash Flow Estimate $0.0.70 Probability Assessment 404 2021 2033 204 50540 2.030 4.220 Scrap value 200 202 50 Una expected cash flow and the edge termine the far value of the machinery at the end of 2020 countrute. Asume all cash flow occur at the end (Round factor de la 12 and nativer a demarcacs the machinery at the end of 2000
6-14 show work
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