The asset( goodwill) impairment example, assumes the analyst makes a $100 impairment adjustment in 2017 and the firm makes a $150 impairment adjustment in 2019. Show the impact of the adjustments if the analyst made an additional $50 impairment adjustment in 2018

Ch 4-1 2017 Assets = Liabilities + Equity Goodwill Other Profit Other Reported 200 900 500 100 500 Impairment 100 100 Adjusted 100 900 500 0 500 Ratios Reported Adjusted Return on assets 9.10% 0.00%% Debt to assets 45.50% 50.00% 2018 Assets = Liabilities + Equity Goodwill |Other Profit Other Reported 200 900 500 LOO 500 Opening (from 2017) -100 -100 Impairment (adj) 50 -50 Adjusted 50 900 500 50 400 Ratios Reported Adjusted Return on assets 0.00% Debt to assets 50.00% 2019 Assets = Liabilities + Equity Goodwill Other Profit Other Reported 50 900 500 -50 500 Opening (from 2018) -150 -150 Adjustment 150 150 Adjusted 50 900 500 50 400 Ratios Reported Adjusted Return on assets Debt to assets