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Impairment of Land Value Clarification

   

Added on  2019-09-16

1 Pages92 Words314 Views
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In the excel it is given as "VALUE IN USE" and not "FAIR VALUE NET COSTS" for $750,000. VALUE IN USE is not the FAIR VALUE NET COSTS. That is the reason I took the value for Land and did the impairment. If they would have mentioned it as FAIR VALUE NET COSTS then it should have done as per the given notes.I wanted to clarify whether I can consider $750,000 as FAIR VALUE NET COSTS and make the calculation.
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