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In a recent 10-K report, United Parcel Service states it is the world's largest package delivery company, a leader in the U.S. less-than-truckload industry, and
In a recent 10-K report, United Parcel Service states it "is the world's largest package delivery company, a leader in the U.S. less-than-truckload industry, and a global leader in supply chain management."The following note and data were reported: Impairment of Long-Lived Assets ... we review long-lived assets for impairment when circumstances indicate the carrying amount of an asset may not be recoverable based on the undiscounted future cash flows of the asset.... Reconstruct the journal entry for the disposal of property and equipment during the year. (Enter your answers in millions. Omit the "$"sign in your response.) Compute the amount of property and equipment that United Parcel wrote off as impaired during the year
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