Please see attached questions. Please help.........it is a discussion question.....

1. Read the following article: Microsoft Posts Rare Loss; Company Takes $6.19 Billion Charge for Online Unit; Corporate Sales Still Strong. By Ovide, Shira. Wall Street Journal (Online), [New York, N.Y], 19 July 2012. 2. Watch the related WSJ video which provides a discussion of the interpretation of a goodwill impairment charge in layman's terms. Click here to view the video on WSJ.com 3. Access Microsoft's 8K filing for the announcement of their operating results for the quarter ended June 30, 2012 made on July 19, 2012 and available on the SEC web site at http://www.sec.gov/Archives/edgar/data/789019/000119312512307447/d379850dex991.htm. Discuss the following questions: 1.Based on the information referenced above regarding Microsoft's June 30, 2012 quarterly results, what is your sense of the overall implications of Microsoft's goodwill impairment writeoff for the company's business? 2.What particular factors led Microsoft to report this impairment charge? How do those factors compare to the requirements under the FASB Accounting Standards Codification? 3 Given the accounting process for determining a goodwill impairment charge, do companies have "discretion in implementing accounting rules on impairment"