Answered step by step
Verified Expert Solution
Question
1 Approved Answer
nour QUESTION 18 Alou Corporation reported the following information at year-end: Book Value Fair Value Estimated Cash Flows $ 380,000 5 40,000 Building Patent Copyright
nour QUESTION 18 Alou Corporation reported the following information at year-end: Book Value Fair Value Estimated Cash Flows $ 380,000 5 40,000 Building Patent Copyright Machine $ 500,000 $ 35,000 $ 40,000 $360,000 $ 38,000 $ 38,000 $ 39,000 $ 100,000 $ 120,000 $ 85,000 Based on the above information, what is the total amount of impairment loss that Alou should record at year-end? $141,000 $126,000 $123,000 $122.000 REIRA Click Save and Submit to see and submit. Click Save All Answers to see all answers 993 esc 999 # ! 1 $ 4. 2 3 5 6 Q W E R Y S caps lock 10 Term 5 seconds nour QUESTION 19 5 points In 2020, Ante Inc had acquired Demi Coand recorded goodwill of 5745 mins result. The nettsteding will from Antes acquisition of Desk Lo had a 2021 year and book value of 5580 million Ante assessed the value of Desireporting unitate dite to be $200 million we the fair value of at of Dersis identifiable tangible and intangible assets excluding goodwil) was 5550 million. The out of the imploss that Antle would record for Foodwill at the end of 2021 5150 million 5120 million $95 million 50 QUESTION 20 5 points In 2011 Martin Coured Gynce and recorded wir of 45 milion Martin consider Glyco a separate reporting unit. By the end of 2001 tentats including goodwill of Gynco are 1320 million and its estimated for value is 200 million The amount of the mannen os that Martin wordt goodwill at the end of 2011 $60 milion Client AITAN 5 5 7 G B 2 g 7 3 Q W E R Y T tab H G F K D . S Caps lock
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started