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Background Data: Newbloodformemory.com acquired totalrecall inc. in 2010 and has operated the acquired entity as a separate reporting unit since that time. There has been
- Background Data: Newbloodformemory.com acquired totalrecall inc. in 2010 and has operated the acquired entity as a separate reporting unit since that time. There has been a "triggering event" in 2019 and management is now considering impairment for 2019.
The book value, also known as the carrying value of the assets in the reporting unit, at the beginning and end of the year, prior to consideration of impairments, is listed below. All numbers in this table are in thousands, i.e. $106,000 in the table below means $106,000,000.
Provide a comment below to answer: "Does the company have an impairment of goodwill for the year ended 12/31/19?"
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