JCP Inputs

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Clarification on cost method and tax differences in the 10K
1. Adjustments – 1st one – page 2 of 10K: “Including a favorable fourth-quarter adjustment of $1 million related to taxes, the sale resulted in a pre-tax gain of $26 million and a loss of $7 million on an after- tax basis. The relatively high tax cost is largely due to the tax basis of the Com... Read More