Business, 19.11.2019 05:31 book0001

Flannery corporation owns machinery with a book value of $520,000. it is estimated that the machinery will generate future cash flows of $465,000. the machinery has a fair value of $415,000. florence should recognize a loss on impairment )$0.(b)$50,000.(c)$55,000.(d)$105,0 00.

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Flannery corporation owns machinery with a book value of $520,000. it is estimated that the machiner...