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RPM Mortgage is an independently owned and operated mortgage lender and broker based in Alamo, California. The company’s roots in the Bay Area stem back to 1986. RPM Mortgage is a retail only lender and a direct seller and servicer of Fannie Mae loans. [2] In 2013, the company provided $5.9 billion in funding in the form of residential ...
Accounts payable personnel must watch for fraudulent invoices. In the absence of a purchase order system, the first line of defense is the approving manager. However, AP staff should become familiar with a few common problems, such as " Yellow Pages " ripoffs in which fraudulent operators offer to place an advertisement.
Once an invoice arrives, the accounts payable clerk must ensure that the document is indeed an invoice. Then the clerk classifies and sorts the invoice into various categories (e.g., by vendor, by transaction type, or by department). The definition of invoice categories is usually unique to a specific organization.
RPM International, a chemical sealant company; RPM, former Canadian music magazine; RPM Mortgage, mortgage banking, US; RPM Records (UK) RPM Records (United States) Radio Programas de México, Mexican radio company
RPM is publicly traded on the New York Stock Exchange under the symbol RPM. Its shares are owned by 824 institutions and 194,030 individual investors. [1] It ranks among the top 200 in total shares held by BetterInvesting investment clubs. [5] RPM has increased its cash dividend paid to stockholders for 48 consecutive years. [6]
Formerly known as The Stonhard Company, Stonhard, a division of the Stoncor Group, was founded in 1922. Stonhard was privately owned until 1993, when it was acquired by RPM Inc. RPM acquired Stonhard in exchange for $105 million in RPM stock, [1] making Stonhard the largest RPM acquisition at the time. [2]
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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.