Oneonta amp co owns equipment with a cost of 300000 and


Oneonta & Co. owns equipment with a cost of $300,000 and accumulated depreciation of $120,000. The present value of the expected net cash flows from using this equipment is $115,000 (fair value). Calculate the impairment loss. 

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Accounting Basics: Oneonta amp co owns equipment with a cost of 300000 and
Reference No:- TGS01151211

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