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What is company Allowance for uncollectible/doubtful accounts receivable? Economic and Industry Risks Global economic conditions could have a material adverse effect on our business, operating
What is company Allowance for uncollectible/doubtful accounts receivable? Economic and Industry Risks Global economic conditions could have a material adverse effect on our business, operating results and financial condition. The uncertain state of the global economy, including high and rising levels of inflation and interest rates and the risk of a recession, continues to impact businesses around the world. If global economic and financial market conditions deteriorate, the following factors, among others, could have a material adverse effect on our business, operating results and financial condition: Our sales are impacted by discretionary spending by consumers. Declines in consumer spending have in the past resulted in and may in the future result in reduced demand for our products, increased inventories, reduced orders from retailers for our products, order cancellations, lower revenues, higher discounts and lower gross margins. In the future, we may be unable to access financing in the credit and capital markets at reasonable rates in the event we find it desirable to do so. We conduct transactions in various currencies, which creates exposure to fluctuations in foreign currency exchange rates relative to the U.S. Dollar. Continued volatility in the markets and exchange rates for foreign currencies and contracts in
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