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MRVL » Topics » Bad Debt Expense

This excerpt taken from the MRVL 8-K filed Jan 13, 2006.

    Bad Debt Expense

 

Bad debt expense is recorded for estimated losses resulting from the inability of the Business’ customers to make required payments.  This expense is determined by analyzing specific customer accounts and applying historical loss rates to the remaining balance of unpaid customer accounts.  Bad debt expense is not material to the accompanying statement of direct revenues and direct operating expenses.

 

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