An analyst gathers the following information (in € thousands) about equipment:
- Carrying amount prior to testing for impairment: 10,000
- Fair value: 9,000
- Present value of expected future cash flows: 7,000
- Costs to sell: 200
The equipment's carrying amount (in € thousands) after impairment is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
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An analyst gathers the following information (in € thousands) about equipment:
Carrying amount prior to testing for impairment: 10,000
Fair value: 9,000
Present value of expected future cash flows: 7,000
Costs to sell: 200
The equipment's carrying amount (in € thousands) after impairment is: