On December 31, an entity repoting unit had a net carrying value of $500000. for...
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Accounting
On December 31, an entity repoting unit had a net carrying value of $500000. for the reporting unit, the entity determined the following:
Fair value 480000
Value in use 475000
Goodwill 15000
What is the goodwill impairment loss that will be reported on the December 31 income statement under Gaap?
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