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An example of competitor myopia was when Fujifilm sales unsuspectingly surpassed those of Kodak.
Insurance Expense
The cost incurred by a business to purchase insurance, which provides financial protection against losses.
Unexpired Insurance
Portion of insurance premiums paid that has not yet been used as of a specific date, and is considered a current asset on the balance sheet.
Accounts Receivable
Financial obligations that customers or clients have to a company for products or services provided but not yet compensated for.
Fees Earned
Income received from providing services.
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