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Note K - Fair Value of Financial Instruments
3 Months Ended
Mar. 31, 2012
Fair Value of Financial Instruments, Policy [Policy Text Block]

Note K – Fair Value of Financial Instruments


The carrying value of certain financial instruments such as accounts receivable, due from factor and accounts payable approximates their fair values due to the short-term nature of their underlying terms. The fair values of investment in Bakers and marketable securities available for sale are determined by reference to market data and other valuation techniques, as appropriate. Fair value of the notes receivable held by the Company approximates their carrying value based upon their imputed or actual interest rate, which approximates current market interest rates.