Question: Provide two recent examples from the real world for companies that made the goodwill impairment test and reported impairment charges (Excluding CVS Health Corporation &

  1. Provide two recent examples from the real world for companies that made the goodwill impairment test and reported impairment charges (Excluding CVS Health Corporation & Coca-Cola Company). Your answer must be in a tabular format, and cover all the following points:

Example 1

Example 2

Name of the company

The year

  • The amount and details of these impairment charges as mentioned in the annual report
  • The URL(Internet address) of the annual report
  • The page number(s) in the annual report.

The specific underlying business reasons that required these companies to record the goodwill impairment charges.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!