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Business, 25.12.2019 05:31 lexybellx3

In 2005, anthara inc. acquired sathya inc. for $1,200 million when the fair value of net assets (assets minus liabilities) of sathya was $955 million. at the end of 2006, the net assets including goodwill, from anthara’s acquisition of sathya had a book value of $720 million. at this date the fair value of sathya was assessed to be $700 million, while the fair value of sathya excluding goodwill was assessed to be $550 million. compute the amount of impairment loss that anthara should record for goodwill at the end of 2006.

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In 2005, anthara inc. acquired sathya inc. for $1,200 million when the fair value of net assets (ass...
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