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His mother works in Bethpage, N.Y., handling accounts receivable for St . Johns Hospital in Far Rockaway, Queens.
The words "Postage Currency" were displayed prominently on notes of the first issue and they noted that these were "RECEIVABLE FOR POSTAGE STAMPS AT ANY POST OFFICE".
E. S. Bankest was engaged in a business called factoring, in which firms buy companies' accounts receivable for less than the face value, then keep the difference when they collect.
His administration has been selling off debt held by government entities, including accounts receivable, for a pittance of its worth, the United States officials said, and has pocketed the cash, leaving Venezuela's finances in shambles.
As of March 31, Synapse's current liabilities such as accounts payable were 1.2 times greater than current assets such as cash and accounts receivable, for a working capital deficit of $35 million.
According to Breen, "the foreign silver coins had been legal tender, receivable for all kinds of payments including postage stamps and some taxes; the nickel cents were not.
Similar(45)
To cover the possibility that Brazil will devalue its currency, Vitech must provide $1.25 in receivables for every $1 it receives from the acceptance corporation.
Its cloaking device is un-receivable for human scanners and the escape pods containing the children are quickly dispatched.
It offered to swap only 900 billion won of its receivables for equity.
We then sold our $98 million portfolio of troubled receivables for 55¢ on the dollar, losing an additional $44 million.
When he left in July 2000, the ratio was $1.20 in receivables for each dollar in quarterly sales.
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CEO of Professional Science Editing for Scientists @ prosciediting.com