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Regular Corp

question 54

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Regular Corp. has four divisions. One of them, Yulon Products, was acquired on January 1, 2016, for $89,000,000, and recorded goodwill of $9,000,000 as a result of that purchase. Yulon Products is a reporting unit of the company. At December 31, 2017, Yulon Products had a fair value (including goodwill) of $68,000,000. The book value of the division's net assets (including goodwill) at December 31, 2017 was $79,000,000. What was the impairment loss for goodwill at December 31, 2017?


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Fossilized Life

The remains or imprint of organisms from the past that have been preserved in geological formations.

Dictyostelium Discoides

A species of slime mold that is often used in scientific research as a model organism for studying cellular processes and development.

Cellular Slime Mold

A type of single-celled organism that can aggregate to form multicellular structures under certain conditions, often used in studies of development and cell signaling.

Behavior

Actions or reactions of an organism, often in response to its environment.

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