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The company also reported valuation allowances

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1.Hypercom Corporation is a provider of electronic card payment terminals, peripherals, network products, and software. In its 2010 annual report, it reported current and long term deferred tax assets totaling about $43 million. The company also reported valuation allowances totaling about $43 million. What would motivate Hypercom to have a valuation allowance almost equal to its deferred tax assets?

Reference no: EM13880329

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