The appearance of restructuring costs in corporate income statements increased significantly in the 1980s and 1990s. Required:
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Required:
1. What types of costs are included in restructuring costs?
2. When are restructuring costs recognized?
3. How would you classify restructuring costs in a multi-step income statement?
4. What factors would you consider in determining whether or not restructuring costs should be included in an assessment of a company's permanent earnings?
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Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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