In 2016, alliant corporation acquired centerpoint inc. for $352 million, of which $62 million was allocated to goodwill. at the end of 2018, management has provided the following information for a required goodwill impairment test: fair value of centerpoint, inc. $ 256 million fair value of centerpoint’s net assets (excluding goodwill) 228 million book value of centerpoint’s net assets (including goodwill) 290 million alliant prepares its financial statements according to ifrs, and centerpoint is considered a cash-generating unit. assume that centerpoint’s fair value of $256 million approximates fair value less costs to sell and that the present value of centerpoint’s estimated future cash flows is $261 million. required: determine the amount of goodwill impairment loss alliant should recognize

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600