Business, 03.12.2019 05:31, death2833

In 2016, alliant corporation acquired centerpoint inc. for $352 million, of which $62 million was allocated to goodwill. at the end of 2018, management has provided the following information for a required goodwill impairment test: fair value of centerpoint, inc. $ 256 million fair value of centerpoint’s net assets (excluding goodwill) 228 million book value of centerpoint’s net assets (including goodwill) 290 million alliant prepares its financial statements according to ifrs, and centerpoint is considered a cash-generating unit. assume that centerpoint’s fair value of $256 million approximates fair value less costs to sell and that the present value of centerpoint’s estimated future cash flows is $261 million. required: determine the amount of goodwill impairment loss alliant should recognize

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In 2016, alliant corporation acquired centerpoint inc. for $352 million, of which $62 million was al...