Determine the amount of any goodwill impairment for Alomar’s Sellers reporting unit. After recognition of any goodwill impairment loss, what are the reported carrying amounts for the following assets of Alomar’s reporting unit Sellers?
Alomar Co., a consolidated enterprise, conducted an impairment review for each of its reporting units. In its qualitative assessment, one particular reporting unit, Sellers, emerged as a candidate for possible
| Carrying Amounts |
Fair Values |
||
| Tangible assets, net | $97 | $146 | |
| Recognized intangible assets, net | 393 | 435 | |
| Goodwill | 660 | ? | |
| Unrecognized intangible assets | 0 | 393 | |
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Determine the amount of any goodwill impairment for Alomar’s Sellers reporting unit.
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After recognition of any goodwill impairment loss, what are the reported carrying amounts for the following assets of Alomar’s reporting unit Sellers?
***For the Goodwill impairment loss, the answer is not 512, and goodwill amount is not 148.** I tried to calculate and these were mu answers that were incorrect
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