An asset group is being evaluated for an impairment loss. The following financial information is available for the asset group: Carrying value Sum of the undiscounted cash flows Fair value $100,000,000 95,000,000 80,000,000 What amount of impairment loss, if any, should be recognized

How do primary and secondary industries differ

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?