Question: Old MathJax webview 4) Procter & Gamble Company reported impairment losses for the impairment of goodwill and other intangible assets in 2019. Referring to Procter

Old MathJax webview

Old MathJax webview 4) Procter & Gamble Company reported impairment losses for

4) Procter & Gamble Company reported impairment losses for the impairment of goodwill and other intangible assets in 2019. Referring to Procter & Gamble 's 2020 annual report, address the following: a) State the amounts of impairment losses of goodwill and other intangible assets. (3. 5 m ar ks ) b) Which cash-generating unit suffered an impairment loss related to goodwill and other intangible asset? (1.5 mark) c) What were the underlying business reasons that required Procter & Gamble to record a goodwill impairment in 2019? (5 marks) d) How did Procter & Gamble reflect the 2019 goodwill impairment in its income statement and cash flow statement? (3 marks) e) Which method did Procter & Gamble use in preparing its cash flow statement? Provide a proof for your answer. (2 marks)

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