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Homework Chapter 11 15 Saved Check my work 2.77 points WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for
Homework Chapter 11 15 Saved Check my work 2.77 points WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for 45.1 million, of which $15.2 million was allocated to goodwill. At the end of the current fiscal year, an impairment test revealed the following: fair value of SCC, $44.3 million; book value of SCC's net assets (including goodwill), $42.3 million. What amount of impairment loss should WebHelper recognize? (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) eBook Impairment loss Print References million
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