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In 2020, Antle Inc had acquired Demski Co, and recorded goodwill of $265 million as a result. The net assets including goodwill) from Antle's acquisition
In 2020, Antle Inc had acquired Demski Co, and recorded goodwill of $265 million as a result. The net assets including goodwill) from Antle's acquisition of Demski Co. had a 2021 year-end book value of $600 million Antle assessed the fair value of the Demski reporting unit at this date to be $720 million, whde the fair value of all of Demski's identifiable tangible and intangible assets (excluding goodwill) was $575 million The amount of the impairment loss that Antle would record for goodwill at the end of 2021 is: Multiple Choice $145 million O $120 million SO
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