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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: martin001 who wrote (49598)4/10/2002 12:55:16 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Martin, the reserves for doubtful accounts is such a gray area that it will be hard to regulate. As such, I think it will continue to be utilized for the foreseeable future.

I did talk with our banker once about this, and he claims they don't have as much lee-way as we might expect for the reserves. If it is too large or too small it draws attention from the auditors.