# The fair value of net identifiable assets of a reporting unit of X Company is \$300,000. On X Company's books, the carrying value of this reporting unit's net assets is \$350,000, including \$60,000 goodwill. If the fair value of the reporting unit is subsequently \$335,000, what amount of goodwill impairment will be recognized for this unit? \$0 \$10,000 \$25,000 \$35,000

\$25,000

Explanation:

For computing, the impairment amount of goodwill first, we have to calculate the fair value of the goodwill which is shown below:

=  Fair value of the reporting unit -  fair value of net identifiable assets

= \$335,000 - \$300,000

= \$35,000

Now deduct this amount from the carrying value

In mathematically,

Impairment amount = Carrying value - fair value of goodwill

= \$60,000 - \$35,000

= \$25,000

## Related Questions

A basic concept in economics is that all resources are A.scarce B.allocated C.valuableD.renewable.

When a bakery analyzes the effects of a new competitor entering the neighborhood and its potential impact on its business, the bakery is analyzing its A. threats. B. weaknesses. C. opportunities. D. strengths

the bakery is analyzing its Threats

In business, threats refer to anything that will become a hindrance for a company to achieve its goals.
Several things that considered a threat on most businesses are Competitors, Poor economic conditions, unstable Governmental system, Radical population, etc.

Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered this industry and, as a consequence, Forey is earning a return on investment that roughly equals the interest rate. Furthermore, the four-firm concentration ratio and the Herfindahl-Hirschman index are both quite small, but the Rothschild index is significantly greater than zero. based on this information, which market structure best characterizes the industry in which Forey competes? Explain.

The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.

You are a member of the marketing team at the dannon company, inc. the company makes a variety of yogurt products including one called oikos greek yogurt. your team is currently considering making some packaging changes to the product. the potential package modifications have been narrowed down to a list of four. choose the option from the drop down menu that would best complete each passage: as you add new oikos variations, if you maintain the look of the packaging, especially the blue background and the columns, then you are using packaging. when you create a re-closable plastic package that buyers can use for food storage at home or at work it is called packaging. because can be a major factor in purchase decisions, yogurt manufacturers like oikos don't stray far from the circular design of their packaging, which most easily accomodates a spoon.

The correct option is this: WHEN YOU CREATE A RE CLOSABLE PLASTIC PACKAGE THAT BUYERS CAN USE FOR FOOD STORAGE AT HOME OR AT WORK, IT IS CALLED PACKAGING.
Packaging refers to the technology of enclosing and protecting products for distribution, storage, sale and use. It also refers to the process of designing, evaluating and producing packaging for a particular product.

Solemon Company has total fixed cost of \$15,000, variable cost per unit of \$6, and a price of \$8. If Solemon wants to earn a targeted profit of \$3,600, how many units must be sold?

If Solemon wants to earn a targeted profit of \$3,600, the number of units must be sold are 9,300 units.

Explanation:

In Solemon Company:

Contribution margin per unit = Sales price – Variable cost per unit = \$8-\$6=\$2

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

In there: Total fixed cost are \$15,000

Targeted profit are \$3,600

The number of units must be sold = (\$15,000 + \$3,600)/\$2 = \$18,600/\$2 = 9,300 units.

The method for providing solutions to union-management conflicts over interpretation or violation of a collective bargaining agreement is known as a _____. A. complaint protocol
B. corporate campaign
C. grievance procedure
D. chain of command
E. protest procedure

c. grievance procedure

Explanation:

Grievance procedure -

It is the method by which a conflict or dispute is resolved in an organisation , is known as grievance procedure .

Like any complaints , by the employees , customers are handled via grievance procedure.

Hence, from the question, the correct term according to the given statement of the question is grievance procedure.

a  and b

Explanation:

complaint protocol  followed by a corporate campaign

An engineer employed by a government contractor realizes that her employer is using low-quality materials in most construction projects, as against what was promised. She reports this to the concerned government regulatory agency. This is an example of _____.

Whistle-blowing. Whistle-blowing is when someone informs a regulatory group (police, government agency, etc) about illegal activity.

A _____ network is a communal structure consisting of individuals or organizations connected with each other through friendship, common interest, commercial transactions, information exchange, or other types of relationship.

Social

Hope this work :)

A option is an option to purchase a specified number of shares of a stock on or before some future date at a specified price, whereas a option is an option to sell a specified number of shares of a stock on or before some future date at a specified price. are purchased if the stock price is expected to fall. a. call: put; Calls b. put; call; Puts c. put; call; Calls d. call; put; Puts