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Why in this question Mills Company determines that its goodwill is impaired. It finds that its implied goodwill is OMR 3 8 0 , 0

Why in this question Mills Company determines that its goodwill is impaired. It finds that its implied goodwill is OMR

380, 000

and its recorded goodwill is OMR

400, 000 .

The fair value of its identifiable assets is OMR

1, 450, 000 .

What is the amount of goodwill impaired and the new fair value of identifiable assets?

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