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And receivables could turn into writeoffs instead of cash.
The pledges and receivables have since been substantially received in cash, largely offsetting the cash decline.
She said her father used to get a full audit — the union would check his payables and receivables, ensuring that the union factories received the required amounts.
All we collected was data like company revenues and receivables.
Perhaps, for example, it's tied up in payables and receivables.
Those statements also show a $2.5 million increase in pledges and receivables.
"We like to see inventory and receivables growing at the same rate as revenues," he said.
"But inventory is increasing by 41percentt and receivables have risen by 46percentt.
Sales have risen 37percentt recently, but inventories are up more than 70percentt and receivables have more than doubled.
Recently, a bankruptcy judge ruled that the LTV Corporation, the steel company, could retrieve inventory and receivables it appeared to have sold to special purpose vehicles.
"Sure, we've had impairment of assets and receivables write-offs," said David L. Calhoun, president of GE Transportation, which includes the company's aircraft-engine business.
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CEO of Professional Science Editing for Scientists @ prosciediting.com