IM » Topics » Use of Estimates

These excerpts taken from the IM 10-K filed Mar 4, 2009.
Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates primarily relate to the realizable value of accounts receivable, vendor programs, inventories, goodwill, intangible and other long-lived assets, income taxes and contingencies and litigation. Actual results could differ from these estimates.
 
Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates primarily relate to the realizable value of accounts receivable, vendor programs, inventories, goodwill, intangible and other long-lived assets, income taxes and contingencies and litigation. Actual results could differ from these estimates.
 
Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates primarily relate to the realizable value of accounts receivable, vendor programs, inventories, goodwill, intangible and other long-lived assets, income taxes and contingencies and litigation. Actual results could differ from these estimates.
 
Use of
Estimates



 



The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of
America (“U.S.”) requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at
the financial statement date, and reported amounts of revenue
and expenses during the reporting period. Significant estimates
primarily relate to the realizable value of accounts receivable,
vendor programs, inventories, goodwill, intangible and other
long-lived assets, income taxes and contingencies and
litigation. Actual results could differ from these estimates.


 




Use of
Estimates



 



The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of
America (“U.S.”) requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at
the financial statement date, and reported amounts of revenue
and expenses during the reporting period. Significant estimates
primarily relate to the realizable value of accounts receivable,
vendor programs, inventories, goodwill, intangible and other
long-lived assets, income taxes and contingencies and
litigation. Actual results could differ from these estimates.


 




Use of
Estimates



 



The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of
America (“U.S.”) requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at
the financial statement date, and reported amounts of revenue
and expenses during the reporting period. Significant estimates
primarily relate to the realizable value of accounts receivable,
vendor programs, inventories, goodwill, intangible and other
long-lived assets, income taxes and contingencies and
litigation. Actual results could differ from these estimates.


 




These excerpts taken from the IM 10-K filed Feb 27, 2008.
Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates primarily relate to the realizable value of accounts receivable, vendor programs, inventories, goodwill, intangible and other long-lived assets, income taxes and contingencies and litigation. Actual results could differ from these estimates.
 
Use of
Estimates



 



The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of
America (“U.S.”) requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at
the financial statement date, and reported amounts of revenue
and expenses during the reporting period. Significant estimates
primarily relate to the realizable value of accounts receivable,
vendor programs, inventories, goodwill, intangible and other
long-lived assets, income taxes and contingencies and
litigation. Actual results could differ from these estimates.


 




This excerpt taken from the IM 10-K filed Feb 26, 2007.
Use of Estimates
 
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates primarily relate to the realizable value of accounts receivable, vendor programs, inventories, goodwill, intangible and other long-lived assets, income taxes and contingencies and litigation. Actual results could differ from these estimates.
 
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