Posted on 9/1/20

J.C. Penney Has $1.48 Billion In Cash And Over $300 Million In Credit Card Revenue, Are They Really Insolvent?

SummaryJ.C. Penney filed Bankruptcy with $1.4 Billion in Unencumbered Real Estate and $2.1 Billion in Inventory (at cost) and over $500 Million in cash?As of August . . .