A U.S. company reports $11,600 in goodwill and decides to quantitatively test it for impairment...
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Accounting
| A U.S. company reports $11,600 in goodwill and decides to quantitatively test it for impairment at the end of the year. The following information is collected:
What is the amount of goodwill impairment loss for the year, following U.S. GAAP? |
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| A. $ 3,400 | |||||||||||||||||
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| B. $ 3,500 | |||||||||||||||||
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| C. $ 2,000 | |||||||||||||||||
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| D. $ 5,000 | |||||||||||||||||
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