Question
Events and cumstances indicate the need for Charles Schaefer Bakeries to undertake quantative testing of goodall. The current carrying value of the reported goodwill for
Events and cumstances indicate the need for Charles Schaefer Bakeries to undertake quantative testing of goodall. The current carrying value of the reported goodwill for the reporting unit is 5000 600 The goodell pertas se the porting unt. The book value of the est assets of the reporting unit cluding goodwill is equal to 11.25,000 The fair value s reporting unit including goodell is 12.202.000. Determine whether She's go On May pam Good Events and circumstances indicate the need for Charles Schaeffer Bakeries to undertake quantitative testing of goodwil the reporting unit. The book value of the net assets of the reporting unit, excluding goodwill, is equal to $1,205,000 The impaired. (If you select "No" for "Impairment indicated, then leave the impairment loss input cell blank) One-Step Impairment Test Goodwill Acquisition cost of reporting unit Carrying (book) value of reporting unit Fair value of reporting unit Impairment loss, if any
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