masonlee2494 masonlee2494
  • 02-01-2024
  • Business
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A company acquires for $1,370,000 and records goodwill of $122,000. The fair value of the division is determined to be $1,080,000. What is the impairment amount
a) $250,000
b) $122,000
c) $40,000
d) $0

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