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JCP, Inc Is a Major Producer of Printing Equipment

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JCP, Inc. is a major producer of printing equipment. JCP uses a LIFO cost-flow assumption for inventories. The company's tax rate is 35%. Below is selected financial data for the company.
JCP, Inc. is a major producer of printing equipment. JCP uses a LIFO cost-flow assumption for inventories. The company's tax rate is 35%. Below is selected financial data for the company.    Required:   Required:
JCP, Inc. is a major producer of printing equipment. JCP uses a LIFO cost-flow assumption for inventories. The company's tax rate is 35%. Below is selected financial data for the company.    Required:

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