h tollowing Iintomation appiles to the questions oisplayed beiow Peet\'s Coffee

Question

h tollowing Iintomation appiles to the questions oisplayed beiow Peet's Coffee & Tea, Inc, is a specialty coffee roaster and marketer of branded fresh-roasted whole bean coffee It recently disclosed the following information concerning the Allowance for Doubtful Accounts on its Form 10-K Annual Report submitted to the Securities and Exchange Commission. A summary of the Allowance for Doustrul Accounts is as tollows (dollars in thousands alance at Beginning of Pcricd 103 Additions Charges to Expensc Allowance Balance at for Doubtful End of Period S 157 Accounts Year 1 Year 2 Ycar 3 185 13 157 87

Explanation / Answer

Allowance for Doubtful Accounts - Year 1 Beg. Bal.      103.00 Write-Offs           2.00         56.00 Bad Debts (Bal. Fig.) End. Bal.      157.00 Allowance for Doubtful Accounts - Year 2 Beg. Bal.      157.00 Write-Offs      265.00      185.00 Bad Debts (Bal. Fig.) End. Bal.         77.00 Allowance for Doubtful Accounts - Year 3 Beg. Bal.         77.00 Write-Offs           3.00         13.00 Bad Debts (Bal. Fig.) End. Bal.         87.00

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