Pritchett Company recently acquired three businesses, recognizing goodwill in each acquisition. Destin has allocated its acquired goodwill to its three reporting units: Apple, Banana, and Carrot. Pritchett provides the following information in performing the 2011 annual review for impairment:

How much goodwill impairment should Pritchett report for 2011?

Question

Pritchett Company recently acquired three businesses, recognizing goodwill in each acquisition. Destin has allocated its acquired goodwill to its three reporting units: Apple, Banana, and Carrot. Pritchett provides the following information in performing the 2011 annual review for impairment:

How much goodwill impairment should Pritchett report for 2011?

Quizplus · Accepted Answer

The Answer of Pritchett Company recently acquired three businesses, recognizing goodwill in each acquisition. Destin has allocated its acquired goodwill to its three reporting units: Apple, Banana, and Carrot. Pritchett provides the following information in performing the 2011 annual review for impairment:

How much goodwill impairment should Pritchett report for 2011?

Pritchett Company Recently Acquired Three Businesses, Recognizing Goodwill in Each