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International Foods a US company, acquired two companies in 2013. As a result, les consolidated financial statements include the following acquired intangles Intangible Asset Date

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International Foods a US company, acquired two companies in 2013. As a result, les consolidated financial statements include the following acquired intangles Intangible Asset Date of Acquisition Fair Value at Date of Acquisition Useful Life Customer relationships January 1, 2013 56,400.000 3 years Favorable leaseholds June 30, 2013 2.600.000 16 years Brand names June 10, 2013 200.000 Goodwil January 1, 2013 100.000.000 den Goodwill was assigned to the following reporting units 5160,000,000 South America 240.000.000 Europe 400.000.000 Total 5800.000.000 it is now December 31, 2014, the end of international Foods accounting year. No impairment losses were reported on any nobles in 2013. Anne that international Foods type the goodwill impairment test. The following information is available on December 31, 2014 Intangible Asset Sum of Future Expected Undscounted Cash Flows sum of Future Expected Discounted Cash Flow Customer relationship 51.920.000 11/10.000 Favorable lesholds 0.000.000 7.640,000 Brand names 22.400.000 11.200.000 Reporting Unit Unit Carrying Value Unit Fair Value Asia $400.000.000 5640,000,000 South America 320,000,000 560.000 Europe 900.000.000 800,000,000 Compute 2014 amortization expense and impairment losses on the above intangibles, following U.S. GAAP. Enter answers in millions, using decimal places when applicable. (in millions) Amortization expense - identifiable intangibles $ Impairment losses - Identifiable intangibles Goodwill impairment loss X Total X OX

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