What Is an Allowance for Bad Debt? An allowance for bad debt is a valuation account used to estimate the amount of a firm’s receivables that may ultimately be uncollectible. It is also known as an allowance for doubtful accounts. When a borrower defaults on a loan, the allowance for bad debt account and the…
It’s not always easy to be rich in real life! I say that because experience, because with my 50 euros in my bank account, I can see that my life is more complicated. We must think about investing in polluting companies, controlling tax havens, while regularly complaining about our problems of being rich. Really, the…
What Is Physical Capital? Physical capital is one of what economists call the three main factors of production. It consists of tangible, human-made goods that assist in the process of creating a product or service. The machinery, buildings, office or warehouse supplies, vehicles, and computers that a company owns are all considered part of its…
What Is an Electronic Transfer Account (ETA)? An electronic transfer account (ETA) is a bank account for federal payment recipients who do not have checking or savings accounts. ETAs provide an alternative to receiving federal payments by check for Social SecuritySSI, and the Railroad Retirement Board. ETAs are also available for Office of Personnel Management…
Hello my little farandoles. As you know, the French language is full of funny discoveries and other unusual discoveries. Today we take a closer look at the expressions that have the good taste to wedge a little word often from old French and that we will not find anywhere else. You’ll see it’s almost as…
What Is Manufacturing Resource Planning? Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing Resource Planning (MRP II) evolved from early Materials Requirement Planning (MRP) systems by including the integration of additional data, such as employee and financial needs. The system is designed to centralize, integrate, and process information for…
The gdb (or veisalgie as people say who want to make themselves interesting but who are not really interesting) is one of the greatest evils of humanity and also our greatest paradox. Our life could be summed up in this infinite loop: drink, drink too much, regret, forget, drink again. If we had told you…
The Boeing Company (BA) missed earnings per share estimates when it reported quarterly results before the opening bell on Jan. 29. The stock slipped to as low as $314.88 on Feb. 3 and then rebounded to as high as $349.95 on Feb. 12. This high is between its weekly value level at $333.34 and its…
The Coca-Cola Company (IS) reported better-then-expected earnings before the opening bell on Jan. 30. The stock has been trading higher on the news and set an all-time intraday high of $60.07 on Friday, Feb. 14. My call is to reduce holdings with the stock between its weekly and monthly risky levels at $60.07 and $60.43,…