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Business, 23.07.2021 02:10 xoxonaynay

Fore Farms reported a pretax operating loss of $137 million for financial reporting purposes in 2021. Contributing to the loss were (a) a penalty of $5 million assessed by the Environmental Protection Agency for violation of a federal law and paid in 2021 and (b) an estimated loss of $12 million from accruing a loss contingency. The loss will be tax deductible when paid in 2022. The enacted tax rate is 25%. There were no tem

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Fore Farms reported a pretax operating loss of $137 million for financial reporting purposes in 2021...
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