Question: Assume a U.S. company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $8 million, and its

Assume a U.S. company decides to quantitatively test its goodwill for impairment. A divisions book value exceeds its fair value by $8 million, and its goodwill has a book value of $6 million. The divisions goodwill impairment loss is

a) $0

b) $2 million

c) $8 million

d) $6 million

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