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Added on 2019-10-30
The assignment is related to corporate accounting and financial reporting. The assignment is divided into parts. Part a is reversal of an impairment loss for goodwill. Also the first part has discussed the various concept such as recoverable amount, fare value, cost of disposal, net value and cash flow etc. The first part has calculated the cash flow from the Asset used in the company. After understanding the discount rate the report identified the incremental cost wait average of the company’s capital cost or other existing market borrowing rate. In the second part the calculation of impairment loss is done. The calculations related to total impairment balance, impairment loss, the impairment loss transferred and etc calculated.
Added on 2019-10-30
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