Question: Homework Chapter 11 15 Saved Check my work 2.77 points WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for

Homework Chapter 11 15 Saved Check my work 2.77 points WebHelper Inc.

Homework Chapter 11 15 Saved Check my work 2.77 points WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for 45.1 million, of which $15.2 million was allocated to goodwill. At the end of the current fiscal year, an impairment test revealed the following: fair value of SCC, $44.3 million; book value of SCC's net assets (including goodwill), $42.3 million. What amount of impairment loss should WebHelper recognize? (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) eBook Impairment loss Print References million

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