Examlex
________ is the most widespread concern of consumer innovators when it comes to innovation in high-tech consumer products.
Total Assets
The sum of all current and non-current assets that a company owns, representing the total resources available to the business for use.
Allowance Method
An accounting technique that estimates and anticipates uncollectible accounts receivable and bad debts by establishing an allowance for doubtful accounts.
Bad Debts Expense
An expense recognized on a company’s income statement, representing the amount of accounts receivable that is not expected to be collected due to customers' inability to fulfill financial obligations.
Uncollectibles
Accounts receivable that a company has determined are unlikely to be collected and writes off as a bad debt expense.
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