Radio station operating expenses decreased mainly due todecreases in digital development and content production costs related to the LaMusica application, special events, barter,
bad debt expenses and the impact of a legal settlement offset by increases in professional fees, advertising and commissions expenses.
Constructive Regulation: Peoples Gas benefits from credit-supportive regulatory mechanisms, including a purchased gas adjustment clause that allows for full and timely recovery of gas commodity costs, forward-looking test years, riders for gas pipeline replacement and
bad debt expenses and a decoupling mechanism that breaks the link between sales and margins.
The company said the decrease in net loss in Q2 2015 was primarily due to the decrease in
bad debt expenses and partially offset by the inventory obsolescence recognized in the second quarter of 2015.
Examination of the financial reports of the corporation showed that financial charges of P850.277 million and
bad debt expenses of P448.540 million combined for 57.21 percent and 30.18 percent of the total expenses in 2014.
Westpac Banking Corporation (NYSE: WBC), Australia's second-biggest lender by market value, has reported an 8 percent increase in first-half cash profit helped by loan growth, wealth management income and lower
bad debt expenses, The Bloomberg News has reported.
This is quite reasonable because if the firm is expecting to have high rate of default (i.e., bad accounts) it would like to reduce its total credit sales in order to reduce its
bad debt expenses and for doing that it should reduce the amount of credit period given to customers.
We found that many hospitals use worksheet G-2 to report
bad debt expenses. In those cases, we assume that the hospital did not include bad debt in the net patient revenue, and we define bad debt as the ratio of "
bad debt expense" (reported in worksheet G-2) to "total patient revenues" (reported in worksheet G-3).
The adjusted NIPA after-tax profits estimates, which include capital gains and losses and
bad debt expenses, provide one conceptual bridge to understand the differences between NIPA growth rates and SOI growth rates (table 2).
MMK's 2Q10 results could be affected significantly by one-offs on the EBITDA line, including provisioning for
bad debt expenses. The bottom line is likely to be negatively affected by a forex loss.
Additionally, the review will focus on the company's financial reporting, specifically accounting for allowances and
bad debt expenses - which appear to be high relative to rated peers - and related party transactions," the agency said.
Over the long term, corporations can count on
bad debt expenses being greatly reduced with automation.