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Book value of Penlight's net assets ( including goodwill ) 1 2 5 million Present value of Penlight's estimated future cash flows 1 1 0
Book value of Penlight's net assets including goodwill million
Present value of Penlight's estimated future cash flows million
Required:
Determine the amount of goodwill impairment loss in
What will the goodwill balance be after any impairment loss is recorded
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