A cash-generating unit comprises the following assets $’000 Building 700 Plant & Equipment 200 Goodwill 90 Current Assets 1,010 1,010 One of the machines, carried at $40,000, is damaged and will have to be scrapped. The recoverable amount of the cash-generating unit is estimated at $750,00 What will be the carrying amount of the building when the impairment loss has been recognised? (to the nearest $'000) Select one alternative $577,000 $594,000 $548,000 $597,000
A cash-generating unit comprises the following assets $’000 Building 700 Plant & Equipment 200 Goodwill 90 Current Assets 1,010 1,010 One of the machines, carried at $40,000, is damaged and will have to be scrapped. The recoverable amount of the cash-generating unit is estimated at $750,00 What will be the carrying amount of the building when the impairment loss has been recognised? (to the nearest $'000) Select one alternative $577,000 $594,000 $548,000 $597,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A cash-generating unit comprises the following assets
|
|
$’000 |
|
Building |
700 |
|
Plant & Equipment |
200 |
|
|
90 |
|
Current Assets |
1,010 |
|
|
1,010 |
One of the machines, carried at $40,000, is damaged and will have to be scrapped. The recoverable amount of the cash-generating unit is estimated at $750,00
What will be the carrying amount of the building when the impairment loss has been recognised? (to the nearest $'000)
Select one alternative
- $577,000
- $594,000
- $548,000
- $597,000
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