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Fair Value Measurements
6 Months Ended
Jun. 30, 2011
Fair Value Measurements

Note 8 – Fair Value Measurements

 

The carrying values of cash and cash equivalents, accounts receivable, accounts payable and bank debt are a reasonable estimate of fair value because of their short term nature. The carrying value of the Company’s note receivable approximates fair value. Fair value was determined using a discounted cash flow analysis.