=+Connie (CFO): Yeah right. We had to shut the old Robert Company operations down this year because
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=+Connie (CFO): Yeah right. We had to shut the old Robert Company operations down this year because those products were no longer selling. Thus, our auditor is going to insist that we write offthe $5,000,000 of goodwill to reflect the impaired value.
Harry (CEO): We can’t have that—at least not this year! Do everything you can to push back on this one. We just can’t take that kind of a hit this year. The most we could stand is
$3,000,000. Connie, keep the write-offto $3,000,000 and promise anything in the future.
Then we’ll deal with that when we get there.
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