Accounts Receivable
Money owed to a business by customers for products delivered or services provided on credit. It’s listed as an asset on the balance sheet. Managing receivables well ensures healthy cash flow and minimizes the risk of bad debt from unpaid invoices.
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All-Purpose Financial Statement
A financial report designed for general use by a wide audience management, investors, creditors, or regulators. It usually includes standard…
All-Inclusive Income Statement
A version of the income statement that includes all items affecting net income, operating results, gains, losses, and unusual or…
Acid-Test Ratio
The acid-test ratio, also called the quick ratio, evaluates a company's short-term liquidity by measuring its ability to pay current…
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