Question: Linus Paper Company decided to close two small pulp mills in Conway, New Hampshire, and Corvallis, Oregon. These two closings do not represent a major
Linus Paper Company decided to close two small pulp mills in Conway, New Hampshire, and Corvallis, Oregon.
These two closings do not represent a major shift in strategy for the company. Would these closings be reported in a separate section entitled “Discontinued operations after income from continuing operations”?
Discuss.
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