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Find the divisions goodwill impairment loss is

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Reference no: EM132506974

Assume a U.S. company decides to quantitatively test its goodwill for impairment. A division's book value exceeds its fair value by $8 million, and its goodwill has a book value of $6 million.

Question1 : The division's goodwill impairment loss is

Option A. $6 million.

Option B. $2 million.

Option C. $0

Option D. $8 million.

Reference no: EM132506974

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