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what amount of impairment loss should papasa ako corp recognize on the cash-generating unit black? what amount of impairment loss should papasa ako corp recognize
what amount of impairment loss should papasa ako corp recognize on the cash-generating unit black? what amount of impairment loss should papasa ako corp recognize on the cash-generating unit white?
Papasa Ako Corp. has two cash-generating units, Black and White. There is no goodwill within the units' carrying values. The carrying values are P8,575,000 and P12,325,000 to Black and White, respectively. Papasa Ako Corp. has an office building and office improvements that were erroneously not included in the values of each unit. The office building has a carrying value of P5,000,000 while the carrying value of the improvements is equivalent to P2,250,000. The recoverable amounts are answer in nearest peso). Blace Colaite 12. What amount of impairment loss should Papasa Ako Corp. recognize on the cash-generating unit Black? 13. What amount of impairment loss should Papasa Ako Corp. recognize on the cash-generating unit WhiteStep by Step Solution
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