Business, 25.06.2019 07:40 ale1910

Nickolas imports recorded a restructuring charge of $21.6 million during fiscal 2014 related entirely to the closing of its california based operations in san diego and in tijuana, mexico. the company's financial statement footnotes indicated that expected employee separation payments amounted to $16.8 million and that fixed asset write-downs accounted for the remainder. nickolas had never before incurred restructuring charges. at the end of the year, the company's balance sheet included a restructuring accrual liability of $3,600,000. what is the cash flow effect of nickolas 's restructuring during fiscal 2014?

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Nickolas imports recorded a restructuring charge of $21.6 million during fiscal 2014 related entirel...