Business, 15.11.2019 04:31 raywils0n12300p0t3yc

Acme drilling is evaluating an offshore oil-drilling platform for possible impairment. the company estimates the following: book value, $18.6 million; fair value, $11.7 million; sum of estimated future cash flows generated from the oil-drilling platform, $16.4 million. what amount of impairment loss, if any, should acme record? (enter your answer in millions rounded to 1 decimal place.)

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Acme drilling is evaluating an offshore oil-drilling platform for possible impairment. the company e...

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