Bean World Company produces two distinct product lines: dried beans and canned beans.Due to changing consumer tastes,the company is evaluating these two cash generating units for impairment for the year ending December 31,2016.Relevant information is as follows:

Required:
Determine whether either product line is impaired,and if so,the amount of the impairment.

Question

Bean World Company produces two distinct product lines: dried beans and canned beans.Due to changing consumer tastes,the company is evaluating these two cash generating units for impairment for the year ending December 31,2016.Relevant information is as follows:
  
Required:
Determine whether either product line is impaired,and if so,the amount of the impairment.

Quizplus · Accepted Answer

The Answer of Bean World Company produces two distinct product lines: dried beans and canned beans.Due to changing consumer tastes,the company is evaluating these two cash generating units for impairment for the year ending December 31,2016.Relevant information is as follows:
  
Required:
Determine whether either product line is impaired,and if so,the amount of the impairment.

Bean World Company Produces Two Distinct Product Lines: Dried Beans