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Impairement loss( Mock Exm )

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Impairement loss( Mock Exm )

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • Author
    Posts
  • May 20, 2015 at 5:26 am #247282
    Marshal
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    CGU of AGRIPPA as follows
    $
    PPE 240,000
    Motor Vehicles 115,000
    Allocated Goodwill 60,000
    Purchase Band Name 120,000
    Net Current Asset as NRV 30,000

    As a result of adverse publicity Agrippa has a recovarable amount of $450,000. The brand name is expertly valued by $95,000.

    What would be valued of Motor Vehicles after impairement loss ???

    **** Could you please explain it ….

    May 20, 2015 at 6:26 am #247289
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    If you’ve typed the question correctly, it looks to me like mvs should be $102,042

    What’s the printed solution say?

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