Examlex
If use the gradient vector
to find the tangent line to the level curve
at the point
Uncollectible Receivables
Accounts receivable that are considered to be uncollectable and are treated as a loss because payment is no longer expected.
Percent of Sales Method
A financial forecasting model that estimates changes in balance sheet and income statement accounts as a direct percentage of sales.
Uncollectibles
Debts owed to a company that are considered to be unlikely to be paid and written off as a loss.
Bad Debt Expense
An expense account reflecting amounts that are not expected to be collected from debtors due to their inability to pay.
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