1)
Introduction: Book value represents the total worth of a company's assets that shareholders would receive if the company were to be liquidated.
The book value of plant and equipment and Patent
2)
Introduction: Regular asset impairment testing is necessary to avoid overstating assets on the balance sheet. When an asset's fair value is lower than its carrying value on the balance sheet, impairment has occurred.
Point at which plant and equipment should be tested for impairment.
3)
Introduction: Regular asset impairment testing is necessary to avoid overstating assets on the balance sheet. When an asset's fair value is lower than its carrying value on the balance sheet, impairment has occurred.
Point at which
4)
Introduction: The assets of the business entities are said to be when their fair market value declines more than their book value on the company's financial statements.
The amount of Impairment loss
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