In 2024, Cordova Incorporated acquired Cordant Corporation and ( $ 140 ) million in goodwill was recorded. At the end of its 2026 fiscal year, management has provided the followin information for a required goodwill impairment test ( $ in millions): Fair value of Cordant (approximates fair value less costs to sell) ( $ 980 ) Fair value of c

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In 2024, Cordova Incorporated acquired Cordant Corporation and  (  $ 140  ) million in goodwill was recorded. At the end of its 2026 fiscal year, management has provided the followin information for a required goodwill impairment test ( $ in millions):  Fair value of Cordant (approximates fair value less costs to sell)  (  $ 980  ) Fair value of cordant's net assets (excluding goodwill) 900 Book value of Cordant's net assets (including goodwill)

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