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​Which of the Following Is the Effect of Impaired Goodwill

Question 39

Multiple Choice

​Which of the following is the effect of impaired goodwill on liquidity and profitability metrics?


A) ​Both profitability and liquidity will remain unaffected.
B) ​Both profitability and liquidity will decrease.
C) ​Profitability will increase, whereas liquidity will remain unaffected.
D) ​Liquidity will decrease, whereas profitability will increase.

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