Amazon.com, Inc. is assessing goodwill for impairment at the end of the fiscal year. The

following data is provided:

● Book Value of Goodwill: $50,000,000

● Fair Value of Reporting Unit: $40,000,000

● Carrying Amount of Net Assets: $100,000,000

● Fair Value of Net Assets: $120,000,000

● Implied Goodwill: $30,000,000

a) Calculate the Impairment Loss. b) Determine the Revised Goodwill Value. c) Compute the

Adjusted Net Assets. d) Analyze the Impact on Financial Ratios. e) Evaluate the Need for

Impairment Recognition.