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Case Study 13-1 Accounting for Contingent Assets: The Case of the Cardinal Health - Chapter...

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Accounting

Case Study 13-1 Accounting for Contingent Assets: The Case of the Cardinal Health - Chapter 13: in the book Corporate Financial Reporting an Analysis" A Global Perspective (Book ISBN: 9781119494577

What justification could be given for deducting the expected litigation gain from cost of goods sold? Why did Cardinal Health choose this alternative instead of reporting it as a nonoperating item?

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