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, 2010. 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, 2010. 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, 2010. 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