Question: (1) Consider the news article relevant only to your selected company below. The following should be included in your analysis (400 total maximum words, 10

(1) Consider the news article relevant only to your selected company below. The following should be included in your analysis (400 total maximum words, 10 marks):

(a) Is it likely that the situation described will result in impairment?

(b) Discuss the likelihood that impairment will occur;

(c) Assume that the impairment does occur discuss the impact on the company's valuation with supporting calculations including any journal entries that may be used to record the impairment.

Myer: https://www.news.com.au/finance/business/retail/when-landlords-attack- westfields-33-billion-incentive-to-crush-myer-in-deadly-pincer-move/news- story/74b9820b845ef306bb39ff776c2faf9f

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