Examlex
Intensive growth refers to developments outside the current chain of value-adding activities. This brings new value chain activities because the firm is operating with new products and in new markets.
Notes Receivable
Financial assets representing amounts owed to a company, usually evidenced by a formal promissory note.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or within the company's operating cycle, whichever is longer.
Allowance Method
An approach in accounting that calculates expected losses from bad debts by assessing uncollectible accounts at the conclusion of each period.
Estimated Bad Debts
A provision in accounting for the amount of receivables that are expected not to be collected, considered an expense.
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