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Goodwill Measurement a. First step: compare FV of RU to CV of RU:...

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Accounting

Goodwill Measurement
a. First step: compare FV of RU to CV of RU:
Second step: compute implied value of goodwill FV of RU FV of net assets then compare implied value of goodwill to net carrying value of goodwill
Implied Value of Goodwill:____________ Goodwill Impairment Loss: ____________
b. First step: compare FV of RU to CV of RU
Second step: compute implied value of goodwill FV of RU FV of net assets then compare implied value of goodwill to net carrying value of goodwill
Implied Value of Goodwill: ___________ Goodwill Impairment Loss: __________
c. First step: compare FV of RU to CV of RU
Second step: compute implied value of goodwill FV of RU FV of net assets then compare implied value of goodwill to net carrying value of goodwill
Implied Value of Goodwill: _________ Goodwill Impairment Loss: ____________
d. First step: compare FV of RU to CV of RU: $460,000< $550,000 therefore must compute impairment
Second step: compute implied value of goodwill FV of RU FV of net assets then compare implied value of goodwill to net carrying value of goodwill
Implied Value of Goodwill: ___________ Goodwill Impairment Loss: ____________

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