question archive In the late 1990s, the stock prices of many companies were unusually high
Subject:BusinessPrice: Bought3
In the late 1990s, the stock prices of many companies were unusually high. These often-inflated stock prices meant high purchase prices for many business acquisitions and, in many cases, incredibly high values allocated to goodwill. When stock prices retreated in the new century, it became obvious that the book value of goodwill for many companies would never be recovered.
Required:
Access the Google search engine on the Internet at www.google.comLinks to an external site. and search for “asset impairment losses.” You will find many links to company loss disclosures. Discuss at least two examples of asset impairment losses including the name of the company, the loss amount, the type or types of assets that were written down, the reasons for the write-downs, and a description of the method used by the company to determine the amount of the write-down.
With these thoughts in mind:
Post at least 200 words addressing the following points:
Read a selection of your colleagues' postings.