BE 11.19 – Collison and Ryder Company, given PV future cash flows

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Given book value, fair value, and the present value of future cash flows they ask you to determine the amount of impairment loss.

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  • Search Terms: $ $. (c&r) (enter (i.e., ,, .).) according amount and answer approximates as assets assets, assume be been book c&r cash company conditions costs decided decimal declining described division division's division. division’s entered estimated experiencing fair financial flows following: for from future generated has if ifrs? ifrs? collison impairment impairment. in is its less loss management market million million. million; millions of place possible prepares present recognize refer revealed rounded ryder sell. should situation sportswear statements test that the their to value what your –.
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