EMC 2004 Annual Report Download - page 45

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Table of Contents
The credit risk associated with accounts and notes receivables is low due to the large number of customers and their broad dispersion over many different
industries and geographic areas. We establish an allowance for the estimated uncollectible portion of our accounts and notes receivable. The allowance was
$41.7 million and $42.0 million at December 31, 2004 and 2003, respectively. We customarily sell the notes receivable we derive from our leasing activity.
Generally, we do not retain any recourse on the sale of these notes. 42