Business, 20.11.2019 20:31 moisescab662
Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,100,000 in connection with the purchase. at december 31, 2015, the mckinley marine division had a fair value of $25,400,000. the net identifiable assets of mckinley (including goodwill) had a fair value of $24,900,000 at that time. what amount of loss on impairment of goodwill should felhofer record in 2015? (a)$0.(b)$500,000.(c)$600,000.(d)$2 ,600,000.
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Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,...
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