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Many companies incur restructuring charges as they attempt to reduce costs. They often label these items in the income statement as non-recurring charges to suggest

Many companies incur restructuring charges as they attempt to reduce costs. They often label these items in the income statement as non-recurring charges to suggest that they are isolated events which are unlikely to occur in future periods. If a company takes a large restructuring charge, what is the effect on the companys current income statement versus future ones?

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