please choose Myer company to solve the question.

The article in (1): https://www.news.com.au/finance/business/retail/when-landlords-attack-westfields-33-billion-incentive-to-crush-myer-in-deadly-pincer-moveews-story/74b9820b845ef306bb39ff776c2faf9f

The article in (2) : https://www.afr.com/business/retail/myer-in-class-action-mediation-as-premier-investments-ramps-up-pressure-20180314-h0xh61

Assignment I covers weeks I and 2 , Assets and Liabilities topics For the company you have selected from page I of this document , the following must be completed ( 1 ) Consider the news article relevant only to your selected company below . The following should be included in your analysis ( 400 total maximum words , 10 marks ) ( a ) Is it likely that the situation described will result in impairment ? ( 6 ) Discuss the likelihood that impairment will occur ( C ) Assume that the impairment does occur discuss the impact on the company 's valuation with supporting calculations including any journal entries that may be used to record the Impairmen Billabong https / / www . thestar . com / business / 2013 108/ 27 billabong surfing a sea of red ink . html Myer : https : 1 / www . news . com . all finance / business / retail when landlords - attack westfields - 33 billion - incentive - to - crush - myer - in- deadly - pincer - move / new story / 746982068 45 e f3 06 6 6 3 9 7 7 60 2 fat ( 2 ) From the news article relevant to your selected company listed below provide your analysis ( 400 total maximum words , 10 marks ) ( a ) Whether the item described is a liability through the essential characteristics and recognition criteria within the Conceptual Framework ( b ) Should a liability , PI ovision or contingent liability be recorded at the time of writing riting , ( C ) If a liability was recorded what would be the impact on the company 's valuation at the time of the article with supporting calculations , including any journal entries that may be used to record the liability , provision or contingent liability Billabong ending contract with Omni Channel : https : / / asbmag . com billabong announces - omni - channel - partners Myer shareholder class action : https : / / www . afr . com business retail myer - in - cl action - mediation - as - premier - investments - ramps -up - pressure - 20180314 - 10 * *6 1