Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Chapter 26 practice mcq q3 impairment of intangible asset
- This topic has 7 replies, 3 voices, and was last updated 8 years ago by MikeLittle.
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- February 20, 2016 at 7:45 pm #301317
Please, I have tried all position options . please how is 20160 arrived at. Can you also give the explanation ,stepwise? Thanks.
February 21, 2016 at 11:46 am #301378This is already on my list “To be corrected” – it should be $19,950
Well spotted 🙂
February 21, 2016 at 3:08 pm #301425Thanks for this. I spent the whole day trying to get 20160 until I got confused. I got 19950 …thanks Mike!!!
February 21, 2016 at 5:57 pm #301459You shouldn’t have spent the whole day! 4 hours would have been enough 🙂
March 6, 2016 at 8:28 am #303743How did we get 19,950 ? Can you please elaborate.
March 6, 2016 at 8:32 am #303748It’s recoverable amount of $21,000 written off for 3 months of a revised estimated useful life of 5 years
March 6, 2016 at 8:39 am #303752Great ! I was only diving it by 5 but forgot to multiply by 3 months instead of full year. Thanks ! 🙂
March 6, 2016 at 8:57 am #303763You’re welcome
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