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Assume a US company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $5 million; and

Assume a US company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $5 million; and its goodwill has a book value of $10 million. The division's goodwill impairment loss is Select one $10 million b. 50 $8 mon d. $2 million

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