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The income statement of mid south logistics includes

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1. The income statement of Mid-South Logistics includes $12 million for vested past service cost. Does Mid-South Logistics prepare its financial statements according to U.S. GAAP or IFRS? Explain.

Reference no: EM131003270

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The income statement of mid south logistics includes : The income statement of Mid-South Logistics includes $12 million for vested past service cost. Does Mid-South Logistics prepare its financial statements according to U.S. GAAP or IFRS? Explain.
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