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In 2023, Hanson Incorporated had acquired Peridot Corporation and recorded goodwill of $335 milion as...

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Accounting

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In 2023, Hanson Incorporated had acquired Peridot Corporation and recorded goodwill of $335 milion as a result. The net assets (including goodwil) from Hanson's acquisition of Peridot Corporation had a 2024 year-end book value of $670 million. Hanson assessed the fair value of Peridot reporting unit at this dote to be $790 million, while the fair value of all of Peridot's identifiable tangible and intangible assets (excluding goodwill) was $721 million. The emount of the impoiment loss that Hanson would report for goodwill at the end of 2024 is: Mutple Choice 569 million. 50. $120 miltion. 5266 milinan

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