For goodwill impairment test - step one: American corporation - reporting units
ID: 2520572 • Letter: F
Question
For goodwill impairment test - step one:
American corporation - reporting units
Subsidiary a
Subsidiary b
Fair value of reporting unit
$137,000,000
$ 230,000,000
Carrying value of net assets
(excluding goodwill)
112,000,000
210,000,000
Carrying value of goodwill
21,000,000
46,000,000
For goodwill impairment test - step two:
Fair value - tangible net assets
$ 72,000,000
$ 114,000,000
Fair value - recognized intangibles
43,000,000
80,250,000
Fair value - unrecognized intangibles:
trademark
1,500,000
4,000,000
Employment contract
2,000,000
8,000,000
Assembled workforce
5,000,000
5,000,000
In-process research & development
2,500,000
7,000,000
Potential contracts
4,000,000
3,000,000
Customer list
1,000,000
6,000,000
What is indication of goodwill imparement (step 1)?
What is carrying value of the company A and B?
What is fair value of goodwill company A and B?
What is carrying value of goodwill company A and B?
What is book value of identifiable net asset company A and B?
What is fair value of identifiable net asset of company A and B?
What is goowill impairment loss for company A and B?
American corporation - reporting units
Subsidiary a
Subsidiary b
Fair value of reporting unit
$137,000,000
$ 230,000,000
Carrying value of net assets
(excluding goodwill)
112,000,000
210,000,000
Carrying value of goodwill
21,000,000
46,000,000