Playboy’s fiscal 1985 results will be qualified.

Price Waterhouse, Playboy Enterprises’ independent accountant, has informed the firm that it will qualify its report on the company’s financial statement due to uncertainties surrounding the ultimate realization of a note and other receivables arising from the sale of the firm’s interest in the former Playboy hotel-casino in Atlantic City, N.J. On Aug. 2, Playboy reported net income of $6.7 million, or 71 cents per share, on revenue of $192.3 million for the fiscal year ended June 30.