TAP purchased land on January 1 , 2 0 1 3 for $ 2 5 0
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Question:
TAP purchased a trademark on January for $ million. As of January the fair value was estimated to be $ million.
TAP acquired a company on Jun and recognized $ million in goodwill as a result. A $ million goodwill impairment was recognized at year end
Assume a useful life of years and the straightline method for any depreciable or amortizable assets above.
Assume TAP reports under US GAAP. What is the total value of these assets reported on TAPs balance sheet as of January
$ million
$ million
$ million
$ million
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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