Quarterly report pursuant to Section 13 or 15(d)

Concentration of Credit Risk

 v2.3.0.11
Concentration of Credit Risk
3 Months Ended
Jul. 31, 2011
Notes to Financial Statements  
Concentration of Credit Risk

(13) Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents and trade receivables. The Company maintains its cash and cash equivalents in financial institutions and brokerage accounts. To the extent that such deposits exceed the maximum insurance levels, they are uninsured. In regard to trade receivables, the Company performs ongoing evaluations of its customers' financial condition as well as general economic conditions and, generally, requires no collateral from its customers.