Jam Pty Ltd has two cash generating units. CGU A had a carrying amount of $700 and value in use of $750. CGU B has a carrying amount of $900 and a value in use of $800. The carrying amount of the head office assets is $400. CGU A & B utilise the head office services equally. The impairment loss for CGU A is: a. $0 b. $50 c. $150 d. $350
Jam Pty Ltd has two cash generating units. CGU A had a carrying amount of $700 and value in use of $750. CGU B has a carrying amount of $900 and a value in use of $800. The carrying amount of the head office assets is $400. CGU A & B utilise the head office services equally. The impairment loss for CGU A is: a. $0 b. $50 c. $150 d. $350
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Jam Pty Ltd has two cash generating
units. CGU A had a carrying amount of
$700 and value in use of $750. CGU B
has a carrying amount of $900 and a
value in use of $800. The carrying
amount of the head office assets is
$400. CGU A & B utilise the head office
services equally. The impairment loss
for CGU A is:
a. $0
b. $50
c. $150
d. $350
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