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Chartered Financial Analyst Level 1

Chartered Financial Analyst Level 1

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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:

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