IN: What happens next?

How to calculate asset impairments
Learn the definition.
Asset impairment occurs when the fair market value of a fixed asset falls below the carrying value of the asset and the carrying value is not recoverable. It can happen to property, equipment, vehicles or other fixed assets.

OUT: This decline in value, or impairment, may result from several causes, including damage, obsolescence due to advances in technology or changes in the legal code. It may also result from a decrease in the expected cash flow the equipment will bring to the business.

IN: What happens next?

A man is seen hosting a news segment that leads into a player standing on a field. a person

OUT: hits a ball and teammates cheer followed by more people playing the game.

IN: What happens next?

A woman shows how to wrap a gift by setting out the paper. She cuts the paper and folds it over. she

OUT:
tapes the package together and it looks pretty.