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Bad Debts Expense
The portion of accounts receivable that is estimated to be uncollectible during a period.
Realizable Value
The estimated amount that an asset can be sold for, less any selling costs, at the end of its useful life.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.
Accounts Receivable Turnover
A financial ratio that measures how effectively a company collects on its credit sales.
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