In an effort to make the company more competitive, Fast-Guard, Inc., incurred significant expenses related to a

Question:

In an effort to make the company more competitive, Fast-Guard, Inc., incurred significant expenses related to a reduction in the number of employees, consolidation of offices and facilities, and disposition of assets that are no longer productive. Explain how these costs should be presented in the of the company, and describe how an investor should view these costs in predicting future earnings of the company.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...