Question: Help answer here (C) ABC is testing a store branch for impairment. The assets of1 branch include a building with a carrying amount of P4300,
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(C) ABC is testing a store branch for impairment. The assets of1 branch include a building with a carrying amount of P4300, equipment of P3300300, inventory of P2,000,000 and goo: P500,000. The fair value less cost to dispose of the inventory is P2500 The expected cashows from the branch are: The effective interest rate is 9%. The present value of the ca beyond year 5 is estimated to be at P400,000. 10. Value in use of the store branch 11. Total Impairment Loss 12. Carrying value of the building after impairment 13. Carrying value of the inventory after impairment 14. Carrying value of the goodwill after impairment
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