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Unformatted text preview: inghouse. Therefore, it should not be subjected to setting aside $325 million in an escrow account. From the perspective of a representative of the federal government, Westinghouse should place $325 million in an escrow account. The terms of the decree are very clear, which say that if the company’s net worth falls below $1.9 billion, it should place $325 million in an escrow account. As P12–6 Concluded a federal government representative, he has to ensure that the terms of the decree are complied with. From the perspective of a resident of Bloomington, Indiana, Westinghouse should place $325 million in an escrow account to build the incinerator to destroy the PCB­Contaminated materials. As a resident, one must be very concerned about the impact of PCB­contaminated materials on the health and safety of the town’s residents as well as the impact on the town’s environment. Several unanticipated factors may occur that may be out of the company’s control. These risks are inherent in doing bu...
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This homework help was uploaded on 03/03/2014 for the course ACCT 5053 taught by Professor Staff during the Fall '08 term at Oklahoma State.

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