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Fry's Electronics was an American big-box store chain. It was headquartered in San Jose, California, in Silicon Valley.Fry's retailed software, consumer electronics, household appliances, cosmetics, tools, toys, accessories, magazines, technical books, snack foods, electronic components, and computer hardware, in addition to offering in-store computer repair and custom computer building services.
Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.
The feature artwork of the MyFry iOS application. The photograph on the front cover of the book was taken by David Eustace in June 2010. Eustace was approached by John Hamilton, on behalf of Penguin Books. [6] Fry is dressed in a corduroy jacket and checkered shirt.
A good accounts receivable turnover depends on how quickly a business recovers its dues or, in simple terms how high or low the turnover ratio is. For instance, with a 30-day payment policy, if the customers take 46 days to pay back, the Accounts Receivable Turnover is low.
In terms of short-term notes receivable, it is measured at face value. [2] The initial measurement of long-term notes receivable depends on whether the notes are interest-bearing or noninterest-bearing. [2] Interest-bearing notes have a specified interest rate payable on top of their face value.
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A Tax Receivable Agreement (TRA) is a legal contract where a company agrees to share the economic benefits from certain tax savings with another party. These tax savings may relate to deductions for depreciation , goodwill amortization, and net operating losses .