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Question: sun ltd has 40 shares of yan ltd the carrying...

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Sun Ltd has 40% shares of Yan Ltd. The carrying amount of this investment at the beginning of the year is $100 000. Yan Ltd makes a $120 000 loss for the year. An impairment test shows that the investment has a recoverable value of $40 000. The investment will be measured at? A) ($120 000) B) ($20 000) C) $0 D) $40 000

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