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Business, 12.08.2020 14:01 bubl6010

Company A has a patent with a book value of $500,000. At December 31, 2019, the fair value of the patent is determined to be $450,000. The expected future cash flows associated with the patent is $650,000. What amount of impairment should Company A record on this patent at 12/31/19?

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Company A has a patent with a book value of $500,000. At December 31, 2019, the fair value of the pa...
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