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If the agreement with the government was structured as a

Question - In 2015, British Petroleum agreed to pay $18.7 billion to a fund established by the U.S. government to settle claims related to the Deepwater Horizon oil spill in the Gulf of Mexico. If the agreement with the government was structured as a payment in settlement of a legal dispute, rather than as a fine or penalty, what was the after-tax cost to BP of the payment?

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Accounting Basics: If the agreement with the government was structured as a

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