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Assume a U.S. company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $8 million, and its
Assume a U.S. company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $8 million, and its goodwill has a book value of $6 million. The divisions goodwill impairment loss is
a) $0
b) $2 million
c) $8 million
d) $6 million
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