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accounts receivable |
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Accounts receivable Money owed by customers.
accounts receivable 1. Money that a customer owes a company for a good or service purchased on credit. Accounts receivable are current assets for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. See also: Collection period. 2. A unit within a company's accounting department that deals with accounts receivable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The ratings also assume that book debt will remain near $331 million in the near-term. Book debt to equity ratio (including operating leases and hedges) moved from 51:49 at 30 June 2003 to 50:50 at 31 December 2003, principally as a result of stronger earnings during the half-year. Accordingly, total book debt to capital is expected to be 130%-140% by year-end 2004 and remain near 100% through 2007. |
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