liquidity problems. A drop in account receivables implies a decrease in quick assets, and such decrease maybe critical for some companies that does not have enough financial resources to pay back the upcoming current liabilities. This is why Xerox announced that it has set aside reserves for these subsidiaries, in an attempt to alleviate the investors’ anxiety about the company’s liquidity.
investors’ anxiety about the company’s liquidity.
4. What is the journal entry needed to estimate and recognize the uncollectibility of some accounts receivables?
When account receivable is recognized to be uncollectible, it means that this account should decrease its book value. Therefore, the contra-account, the allowance for bad debts or the provision for bad debts, should recognized
2). The relationship between tourism and terrorism
Terrorism is a political external environment affecting the tourism system and constantly receives. Already mentioned terrorism this tourist system of survival and growth inhibition and tourism schemes terrorism this are likely to occur, the soil. First, terrorism this tourist system, the impact of the three path works through.
The first i
Executive Summary
The screen quota has long been a hot debate in Korea’s multilateral and bilateral negotiations. Although the screen quota was given considerable exemptions in the Korea-Chile FTA, recent ratification of the FTA with the US paints a drastically different picture. The mandatory days were cut to half from its previous number as opposition from the movie industry continues. In
Financial specialist : fundamental analysis is based on specific, proven company performance. so, the forecasting future earning is possible
Academia : the calculation of past earnings growth has nothing to do with predicting future growth
Concentrating on the prediction itself : forecasting future earning is inefficacious.
Wall Streeters
Specialists > Amateur, Individual Investor