InvestorsHub Logo
Followers 6
Posts 1443
Boards Moderated 0
Alias Born 03/15/2005

Re: notanindex post# 17215

Tuesday, 01/24/2017 11:48:01 AM

Tuesday, January 24, 2017 11:48:01 AM

Post# of 19552
Yes notanindex, Good Point.

Specifically it's a Great Deal for a Company that made Hundreds of Millions of Dollars in Net Income for each year for those Carryback years and can use it to Save itself from the Much Higher Tax Rate by lowering their Net Income by using the A/R Writeoff (Bad Debt Expense).

Yes, We appreciate that you mentioned it.

Thank you.

Gratzi