4 Impairment Consider the following facts for the current period: Asset Facility 1...
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4 Impairment Consider the following facts for the current period: Asset Facility 1 Patent A Machine C Carrying Value $20,000 $7,000 $15,000 Undiscounted CF $25,000 $7,500 $12,000 Fair Value $18,000 $12,000 $11,500 Determine the impairment loss recognized for all 3 long-lived assets . And the reported value for each asset at the end of the period.
- Consider the following facts for the current period: - Determine the impairment loss recognized for all 3 long-lived assets - And the reported value for each asset at the end of the period
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