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Kinko Copying office at Lafayette estimates that a copy machine would help generating $1,100 cash flows each year for the remaining two years in this
Kinko Copying office at Lafayette estimates that a copy machine would help generating $1,100 cash flows each year for the remaining two years in this copy machine's useful life. The current book value of this machine is $2,100. The interest rate is 10%. What should be the impairment loss?
Question 31 options:
$100 | |
$0, no impairment | |
$290.91 | |
$190.91 |
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