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What Impairment, If Any, Exists on These Product Lines A)  Product A  Product B $0$0\begin{array} { | l | l | } \hline \text { Product A } & \text { Product B } \\\hline \$ 0 & \$ 0 \\\hline\end{array}

question 96

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What impairment, if any, exists on these product lines?  Product A  Product B  Original cost $7,200,000$12,000,000 Accumulated depreciation 2,500,0004,000,000 Fair value 5,000,0008,000,000 Costs to sell 100,000350,000 Value in use 4,375,0007,500,00\begin{array} { | l | r | r| } \hline & \text { Product A } & \text { Product B } \\\hline \text { Original cost } & \$ 7,200,000 & \$ 12,000,000 \\\hline \text { Accumulated depreciation } & 2,500,000 & 4,000,000 \\\hline \text { Fair value } & 5,000,000 & 8,000,000 \\\hline \text { Costs to sell } & 100,000 & 350,000 \\\hline \text { Value in use } & 4,375,000 & 7,500,00 \\\hline\end{array}


Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, providing a measure of uncertainty around a sample estimate.

Confidence Interval

A series of values, extracted from data samples, that is presumed to include the value of a not yet identified population attribute.

Sample Size

The number of observations or replicates included in a statistical sample, crucial for the reliability of study results.

Population Standard Error

An estimate of how much the sample mean deviates from the actual population mean.

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