Los s es from the impairment of plant as s ets are

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Unformatted text preview: Los s es from the impairment of plant as s ets are rec ogniz ed when the c arry ing amount of an as s et ex c eeds the future c as h flow ex pec ted from the us e of the as s et. Is the s tatement true or fals e? True c.1 Loc ate Home Depot's balanc e s heet and find the s ec tion entitled "Property and Equipment, at c os t." As of January 31, 2010, determine the amount of the c ompany 's inves tment in property and equipment and the amount of deprec iation tak en to date on thos e as s ets . (Om it the "$" sign...
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