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Check my work View previous attempt Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment
Check my work View previous attempt Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment one particular reporting unit Sellers, emerged as a candidate for possible goodwill impairment. Sellers had recognized not assets with carrying amounts totaling $1,110, including goodwill of $740. Seller's reporting unit fair value is assessed at $912 and includes two internally developed unrecognized intangible assets (a patent and a customer list with fair values of $181 and $101. respectively. The following table summarizes current financial information for the Sellers reporting unit: Tangible assets, net Recognized intangible assets, set Goodwill Unrecognized intangible assets Carrying Amounts $88 282 740 0 Fair Values 5121 349 7 282 a. Determine the amount of any goodwill impairment for Alomar's Sellers reporting unit b. After recognition of any goodwill impairment loss, what are the reported carrying amounts for the following assets of Alomar's reporting unit Sellers? Amounts $ 8.8 a. Goodwill impairment loss b. Tangible assets, net Goodwill Patent Cumart 0 $ $
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