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Business, 03.05.2021 14:50 soliskb

TWS Corporation acquired AJS Products on January 1, 2020 for $6,400,000, and recorded goodwill of $1,200,000 as a result of that purchase. At December 31, 2021, the AJS Products Division had a fair value of $5,440,000. The fair value of net identifiable assets of the Division (excluding goodwill) had a carrying value of $4,440,000 at that time. What amount of loss on impairment of goodwill should Twilight record in 2021

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TWS Corporation acquired AJS Products on January 1, 2020 for $6,400,000, and recorded goodwill of $1...
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