Homework Answers
| 1 | ||
| Fair value of Centerpoint's net assets | 229 | |
|
Less:Book value of Centerpoint's net assets (excluding goodwill) |
207 | |
| Implied goodwill | 22 | |
| Book value of Goodwill | 53 | |
| Less: Implied goodwill | 22 | |
| Impairment loss | 31 | million |
| 2 | ||
| Impairment loss | 0 | million |
| As the fair value of Centerpoint exceeds Book value, there is no impairment loss |
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In 2019, Alliant Corporation acquired Centerpoint Inc. for $313 million, of which $53 million was allocated...
Required information Skip to question [The following information applies to the questions displayed below.] In 2019, Alliant Corporation acquired Centerpoint Inc. for $450 million, of which $70 million was allocated to goodwill. At the end of 2021, manag
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