Question

Assume the company's stock price goes down in a bear market that occurs at the end of the year. However, the stock price more than doubles in the next year. The company recognized goodwill impairment at the end of the year when the stock price was low. Because the market decline was temporary, should the goodwill be written back up to its original value? What are the problems in using temporary market values?



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  • CreatedSeptember 22, 2014
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