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Find the amount of the impairment loss

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Question - In 2018, Martin Corp. acquired Glynco and recorded goodwill of $101 million. Martin considers Glynco a separate reporting unit. By the end of 2021, the net assets [including goodwill} of Glynco are $321 million and its estimated fair value is $260 million. Find the amount of the impairment loss that Martin would record for goodwill at the end of 2021?

Reference no: EM133085811

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