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Taylor: Sorry, I ran out of credit caverta australia Penney also said all of its key vendors continue to make shipments to the company, and that merchandise supported by CIT loans currently represents less than 4% of its overall inventory for the year. It said it has "ample liquidity" to manage its business and expects to close the quarter with about $1.5 billion in cash on its balance sheet, up from about $821 million at the end of its most recent quarter.