Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
What is the impairment loss that the company must report
Assignment Instructions
Assignment ID: FG133140084
Question – YOU CAN DO IT Corporation has equipment with a carrying value of 450,000 on December 31, 2021. The following information was available on December 31, 2021:
Expected net cash flows (undiscounted)- P420,000
Expected net cash flows discounted at 7%- P400,000
Fair value, using the assets with other assets- P415,000
Fair value, assuming the assets are sold stand-alone- P428,000
Required – What is the impairment loss that the Company must report in its 2021 income statement for this equipment?
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