Business, 20.12.2019 20:31 graciebrene1590

Kohlman corporation owns machinery with a book value of $380,000. it is estimated that the machinery will generate future cash flows of $350,000. the machinery has a fair value of $280,000.

kohlman should recognize a loss on impairment of:
a. $ -0-.b. $ 30,000.c. $100,000.d. $ 70,000.

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Kohlman corporation owns machinery with a book value of $380,000. it is estimated that the machinery...

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