Examlex
As part of a conflict surrounding control of a territory in the drug market,two gangs engage in a gun battle.This type of violence is identified in your readings as _____ in origin.
Notes Receivable
Written promises for amounts to be received within a certain period, recognized as assets on the balance sheet.
Contingent Liability
A potential obligation that depends on a future event arising from past transactions or events.
Allowance For Doubtful Accounts
A contra-asset account that represents the estimated amount of receivables which are not expected to be collected.
Accounts Receivable Turnover
A financial metric that measures how efficiently a company collects revenue from its credit sales by dividing net credit sales by the average accounts receivable.
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