Good day sir,
Practice question for chapter 7 - question 2.
Why the 25K excess was allocated between the engine 2 - 10K and tracks - 15K?
Is it due to engine is the fundamental to the continuing viability of the business?
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impairment
7y ago#1Hi,
The remaining impairment is allocated to the assets on a pro-rata basis, and this is what has been done in this question.
Thanks
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