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It worked fine when plants, equipment, inventories, accounts receivable -- stuff you could see and touch -- were what made a company tick.
"Usually you pay about $60,000 for an accounts receivable staff".
So the credit sales can be calculated as (cash received - initial accounts receivable + ending accounts receivable).
Mr. Swartz was "Note Receivable Employee C".
"This is not about accounts receivable," he said.
Accounts receivable represent an investment in the expansion of sales.
Accounts receivable are the credit a firm gives its customers.
"Deep stuff, intense stuff.
Stuff is stuff.
"Stuff crashing, stuff flying.
Hard stuff, breaking stuff, slow stuff, trick stuff.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com