Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS OF BUSINESS AND CREDIT RISK

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CONCENTRATIONS OF BUSINESS AND CREDIT RISK
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
NOTE 3. CONCENTRATIONS OF BUSINESS AND CREDIT RISK

The Company maintains cash balances in several financial institutions that are insured by the Federal Deposit Insurance Corporation up to certain federal limitations. At times, the Company’s cash balance exceeds these federal limitations and it maintains significant cash on hand at certain of its locations. The Company has not historically experienced any material loss from carrying cash on hand.

 

The Company provides credit in the normal course of business to customers located throughout the U.S. The Company performs ongoing credit evaluations of its customers and maintains allowances for doubtful accounts based on factors surrounding the credit risk of specific customers, historical trends, and other information.