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What value would sanders report goodwill associated

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Reference no: EM132685178

TESTING WHETHER GOODWILL IS IMPAIRED

Sanders used the following information to test whether goodwill associated with Arizona's is impaired as of dec 31 2018

Book value of Arizona's net asset $73,000,000

fair market value of Arizona's business unit $67,000,000

Problem 1: determine the amount of goodwill impairment loss (if any) that sanders should recognize as at dec 31 2018

Problem 2: at what value would sanders report goodwill associated with Arizona's within its dec 31 2018 balances sheet after performing the impairment test

Reference no: EM132685178

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