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For each identified obligation, determine whether you agree with LOIs conclusion and discuss the basis for your determination. Ten warehouses that will likely be sold
For each identified obligation, determine whether you agree with LOIs conclusion and discuss the basis for your determination. Ten warehouses that will likely be sold before being required to remove the asbestos: Is LOIs conclusion that it does not have to record the fair value of the asset retirement obligation related to these 10 warehouses because they will be sold prior to the enforcement of the requirement to remove the asbestos appropriate? Explain. Two warehouses in states without special asbestos handling and disposal laws Is LOIs conclusion that it does not have to record the fair value of the asset retirement obligation related to these 2 warehouses because the requirement to do so will not be enforced appropriate? Explain. Thirteen warehouses for which the settlement date is indeterminate Is LOIs conclusion that it will not have to record an asset retirement obligation related to the obligation of removing the asbestos from these13 warehouses because the settlement date is indeterminate appropriate? Explain
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