Lima Bean Company produces two distinct product lines: dried beans and canned beans. Due to changing consumer

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Lima Bean Company produces two distinct product lines: dried beans and canned beans. Due to changing consumer tastes, Die Company is evaluating these two cash generating units for impairment for the year ending December 31, 2011. Relevant information is as follows:
Lima Bean Company produces two distinct product lines: dried beans

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

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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-0132612111

Volume 1, 1st Edition

Authors: Kin Lo, George Fisher

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