Business, 20.12.2019 20:31 chloejaylevesque
Technique co. has equipment with a carrying amount of $1,600,000. the expected future net cash flows from the equipment are $1,630,000, and its fair value is $1,360,000.
the equipment is expected to be used in operations in the future.
what amount (if any) should technique report as an impairment to its equipment?
a. no impairment should be reported. b. $240,000c. $30,000d. $270,00
Answers: 2
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Technique co. has equipment with a carrying amount of $1,600,000. the expected future net cash flows...
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