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  3. to test its goodwill for impairment under asc 350,

To test its goodwill for impairment under ASC 350,ntangibles-Goodwill and Other (FASB Statement No. 142,...

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Accounting

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To test its goodwill for impairment under ASC 350,ntangibles-Goodwill and Other (FASB Statement No. 142, Goodwill and Other Intangible Assets (Statement 142)) Healthcare Depot provided the following information as of January 1, 2010, the date it chose to perform its annual goodwill impairment test for each of its reporting units Healthcare Depot's effective tax rate is 40 percent Goodwill Impairment Test- Step One Healthcare Depot - Selected Business Components DDC Distribution HC Medical- Surgical Holdin 0 Fair Value Carrying Value of Net Assets $125,000,000 $236,000,000 $75,000,000 (Excluding Goodwill) Carrying Value of Goodwill 118,800,000 231,700,000 3,200,00010,500,000 72,250,000 2,150,000 Fair value was determined using the best information available and reflects an amount at which the reporting unit could be bought or sold in a current transaction between willing parties

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