Impairement loss( Mock Exm )

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May 20, 2015 at 5:26 am #247282
Marshal
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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
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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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