Epstein Index›Documents›EFTA01366990
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01366990: Construction and Allowance (DS10)

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This document contains financial information regarding interest rate swap agreements used to hedge variable interest on borrowings for construction purposes, and notes that the company did not accrue interest on accounts receivable or maintain an allowance for doubtful accounts.

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🔑 Evidence Keywords
constructionallowance

📋 Key Excerpts2

PersonKeyword
Excerpt 1
Derivative instruments The Company entered into interest rate swap agreements to hedge the variable interest on borrowings utilized for the **construction**
Excerpt 2
The Company does not accrue interest on any of its accounts receivable There was no **allowance** for doubtful accounts included in accounts receivable as

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Source: U.S. Department of Justice

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