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In addition to the effect of inflation, AR loses value as a result of profit dilution (when customers do not pay you the full invoice value due to payment deductions or disputes) and bad debt losses. This ties into all the Covid startups and the lack of bankruptcies while stimulus funds were available.
Also called total revenue, your gross revenue is the sum of all funds you’ve received from customers in exchange for your product or service, before taking any deductions or expenses (such as rent, cost of goods sold , taxes, etc.). Avoid FICO demerits like loan defaults, bankruptcy, judgments, collections, and foreclosures.
Also called total revenue, your gross revenue is the sum of all monies you’ve received from customers in exchange for your product or service, before taking any deductions or expenses (such as rent, cost of goods sold , taxes, etc.). Avoid FICO demerits like loan defaults, bankruptcy, judgments, collections, and foreclosures.
Also called total revenue, your gross revenue is the sum of all monies you’ve received from customers in exchange for your product or service, before taking any deductions or expenses (such as rent, cost of goods sold , taxes, etc.). Avoid FICO demerits like loan defaults, bankruptcy, judgments, collections, and foreclosures.
These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3
These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3
These are only two unforeseen events that sparked a surge of bankruptcies. In 2008, the Great Recession put millions of Americans into the gutter. And by 2008, home prices plunged by 20 percent. Lastly, the unemployment rate is still a far cry from the labor market conditions in 2008-2009. By 2007, lenders had 1.3
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