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Suppose a restaurant chain has an unprofitable store that it wants to close down, but they don’t intend to sell it any time soon because of the real estate market. What can they do to avoid writing the asset down to NRV? Could they lease it to another business, use for storage, use it for back office operations, sit on it until the market recovers? It seems like this is not addressed in the guidance.
FAR 69, 85
AUD 84
BEC 85
REG 66, 87
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