Impairment test question Accounting

$5.00

Description

Impairment test question Accounting

NBV (net book value) of an airplane is 20 million

Assume weighted average cost of: 9%

Cash Flow Expected:

Year 1: 9.5 million

Year 2: 5 million

Year 3: 2.5 million

Do an impairment test, how much should you impair?

Thanks in advance.

Reviews

There are no reviews yet.

Be the first to review “Impairment test question Accounting”

Your email address will not be published. Required fields are marked *