Help Save Ek Submit Brief Exercise 11-13 Impairment; property, plant, and equipment (LO11-8] 14.28 points...
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Help Save Ek Submit Brief Exercise 11-13 Impairment; property, plant, and equipment (LO11-8] 14.28 points Collison and Ryder Company (C&R) has been experiencing declining market conditions for its sportswear division Management decided to test the assets of the division for possible impairment. The test revealed the following book value of division's assets. $271 million fair value of division's assets, $213 million sum of estimated future cash flows generated from the division's assets. $283 milion What amount of impairment loss should C&R recognize? (Enter your answer in whole dollars.) Impamentos 20.300.000
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