Ajewelry store expects to sell 100 diamond bracelets during the next year. it costs $1.60 to store one diamond bracelet for one year. to reorder, there is a fixed cost of $20, plus $0.70 for each diamond bracelet ordered. in what lot size and how many times per year should an order be placed to minimize inventory costs?

answ9876

explanation:

a) Decrease goodwill by $13,000

Explanation:

In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.

Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.