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Business, 13.08.2019 16:30 tyrickdavis1

Aforeign subsidiary of a u.s.-based company has been notified of a loss contingency with an estimated cost ranging between $220,000 and $250,000 which is probable of resulting in an actual loss. each dollar amount within this range of cost is equally likely of being the actual outcome. according to u.s. gaap, what is the amount recognized as a provision for loss contingency?

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