Examlex
Write a fourth-degree polynomial equation with real coefficients and the roots .
Factoring
A financial transaction in which a business sells its accounts receivable (invoices) to a third party (factor) at a discount, to obtain immediate cash.
Direct Write-Off Method
An accounting method where bad debts are written off as an expense only when they are deemed to be uncollectable.
Bad Debt Expense
The estimated amount of credit sales that a company does not expect to collect due to customer's inability to fulfill payment obligations.
Uncollectible
Financial term referring to accounts receivable that are considered unlikely to be collected due to debtor default.
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