Question
Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment,one particular reporting unit, Sellers, emerged as
Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment,one particular reporting unit, Sellers, emerged as a candidate for possible goodwill impairment. Sellers has recognized net assets of $1,431, including goodwill of $835. Seller's fair value is assessed at $1,286 and includes two internally developed unrecognized intangible assets (a patent and a customer list with fair values of $347 and $130, respectively). The following table summarizes current financial information for the Sellers reporting unit:
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