X Nudgment CASE 2 Property, Plant and Equipment Impairment18 Background Toyda, Inc. (Toyda) is one of the world's leading car manufacturers. It sells cars exclusively in the United States. In recent years, Toyda has begun producing electric cars, as well as specialized equipment that used to charge electric cars. Management of Toyda had been very optimistic about this recent venture. For internal purposes, Toyda projected a growth rate of 40% for the electric car production and for the production of the