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What amount should be accrued with respect to the liability

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Question - A company can estimate the amount of loss that will occur if a foreign government expropriates some company assets. After considering all of the facts, the company believes that the fair value of the seized assets will be between $300,000 and $450,000, with $410,000 being the most likely amount. If expropriation is reasonably possible, what amount, if any, should be accrued with respect to the liability?

Reference no: EM133019715

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