One-Time Tax Allowance Boosts Ford Profit to $20 Billion in 2011

Started by IL, Jan 28, 2012, 03:02 AM

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IL

Jan 28, 2012, 03:02 AM
Ford's fourth-quarter and full-year earnings benefitted from a one-time tax allowance, but the automaker still reported a significant pre-tax operating profit in 2011 of $8.8 billion.

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