The difference between the asset's book value and the amount paid for it is referred to as goodwill . Goodwill impairment occurs when a company decides to pay more than the book value for an asset and then sees its value decline. The amount of Goodwill impairment loss.

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Chapter 11, Problem 11.32E

To determine

Introduction: The difference between the asset's book value and the amount paid for it is referred to as goodwill. Goodwill impairment occurs when a company decides to pay more than the book value for an asset and then sees its value decline.

The amount of Goodwill impairment loss.

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