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This excerpt taken from the WBMD 8-K filed Jul 2, 2009. Fair
Value
The carrying amount of cash and cash equivalents, accounts
receivable, accrued expenses and deferred revenue is deemed to
approximate fair value due to the immediate or short-term
maturity of these financial instruments.
The Company adopted SFAS No. 157, “Fair Value
Measurements” (“SFAS 157”) on
January 1, 2008. SFAS 157 defines fair value,
establishes a framework for measuring fair value, establishes a
fair value hierarchy based on the quality of inputs used to
measure fair value and enhances disclosure requirements for fair
value measurements. See Note 15 for further information.
These excerpts taken from the WBMD 10-K filed Feb 27, 2009. Fair
Value
The carrying amount of cash and cash equivalents, accounts
receivable, accrued expenses and deferred revenue is deemed to
approximate fair value due to the immediate or short-term
maturity of these financial instruments.
The Company adopted SFAS No. 157, “Fair Value
Measurements” (“SFAS 157”) on
January 1, 2008. SFAS 157 defines fair value,
establishes a framework for measuring fair value, establishes a
fair value hierarchy based on the quality of inputs used to
measure fair value and enhances disclosure requirements for fair
value measurements. See 17 for further information.
Fair Value The carrying amount of cash and cash equivalents, accounts receivable, accrued expenses and deferred revenue is deemed to approximate fair value due to the immediate or short-term maturity of these financial instruments. The Company adopted SFAS No. 157, “Fair Value Measurements” (“SFAS 157”) on January 1, 2008. SFAS 157 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. See 17 for further information. | EXCERPTS ON THIS PAGE:
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