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
investorsentiment, and predicting the future performance of a stock can be challenging and uncertain.
죄송하지만 AI 언어 모델로서 주가의 미래 움직임을 예측하거나 재무 조언을 제공하는 능력이 없습니다. 주가는 시장 상황, 회사 재무, 산업 동향 및 투자 심리를 포함한 많은 요인의 영향을 받으며 주식의 미래 성과를 예
investor for board seats. The withheld information related to allegations of sexual assaults by Uber executives and junior level staff. The investors alleged that they would have never granted the board seats to Lyft if they were aware of the allegations.
Uber and Lyft
Both Companies:
Operate in the US and Canada (Lyft entered Canada in 2017 as its first international market expansion)
Have an af
had lost more than 14 billion Swiss francs ($14 billion) in foreign currency holdings in the first half of the year, after a fall in the euro’s value ate into the bank’s reserves.
The Swiss franc is also seen by investors as a relative haven and has also strengthened amid global financial unrest. This month, the franc hit a record high against the euro.
“The Japanese authorities nee