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In Blimka v. My Web Wholesalers, which involved a dispute between an Idaho resident who ordered jeans from a Maine website-based seller, the Idaho court held that the Maine seller was subject to Idaho court jurisdiction under the state long-arm statute.
Accrual-Basis Revenues
Earnings recorded when they are earned, regardless of when the cash payment is received, under the accrual method of accounting.
Balance Sheet
An accounting statement that itemizes the assets, liabilities, and equity held by shareholders of a company on a specific date.
Rates Of Return
Measurements of the gain or loss on an investment relative to the amount of money invested.
Market Price
The price at which a product, asset, or service is sold on the open market.
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