QUESTION 15 Following information relates to Arcon Company: BV of assets = $100,000 (including the BV of goodwill of $30,000); Market Value of the Business = $150,000 Fair Value of the net assets = $80,000 With the information given above, is the goodwill of Arcon impaired? No Yes Unable to tell from the information given Goodwill is impaired because the FV of net assets is less the book value of the net assets Click Save and Submit to save and submit. Click Save All Answers to save all answers