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FLDR » Topics » Accounts Receivable

This excerpt taken from the FLDR 10-K filed Mar 7, 2007.

Accounts Receivable


The Company provides an allowance for losses on trade receivables based on a review of the current status of existing receivables and management’s evaluation of periodic aging of accounts.  The Company charges off accounts receivable against the allowance for losses when an account is deemed to be uncollectible.  It is the Company’s policy to accrue interest on past due receivables.  The provision for doubtful accounts and notes was $3,063, $2,094, and $2,039 for the years ended December 31, 2006, 2005 and 2004, respectively.


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