Question: solve in 35 mins i will give thumb up 12 Cash flows generated by the CGU for the next 9 years is $265,000 per year.

solve in 35 mins i will give thumb up 12 Cash

solve in 35 mins i will give thumb up

12 Cash flows generated by the CGU for the next 9 years is $265,000 per year. 13 Costs to sell would amount to 7% of the fair values of the assets. The appropriate discount rate is 8%. Required- ii) If the Collin Corporation is a private entity subject to ASPE, calculate the impairment loss if any on the CGU ( 2 marks). RESPONSE

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