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Ken and Tammy are working with asset valuation. Ken is trying to determine if an asset is impaired, and Tammy is calculating the amount of
Ken and Tammy are working with asset valuation. Ken is trying to determine if an asset is impaired, and Tammy is calculating the amount of impairment for an asset that has no available market value. What is the difference between the values used by Ken and Tammy? Ken will be using undiscounted future cash flows, and Tammy will be using discounted future cash flows. Ken will be using the present value of future cash flows, and Tammy will be using average historical cash flows. Ken will be using average historical cash flows, and Tammy will be using the present value of future cash flows. Ken will be using discounted future cash flows, and Tammy will be using undiscounted future cash flows
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