Question
Shine Ltd estimated an impairment loss of $10,000 against its single cash-generating unit. The company had the following assets: headquarters building $129573; plant $81501; goodwill
Shine Ltd estimated an impairment loss of $10,000 against its single cash-generating unit. The company had the following assets: headquarters building $129573; plant $81501; goodwill $14190. The net carrying amount of the plant after allocation of the impairment loss is:
A.
81501
B.
3618
C.
3861
D.
None of these
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
978-0538482387
