Accounting: why do companies need to value their accounts receivable at the end of each accounting period?
Accounting Your SEC 10-K company communicates their philosophy and financing strategy on the balance sheet through reporting of assets and liabilities. First, what is Working Capital? It is calculated as: Current Assets – Current Liabilities = Working Capital Working capital (WC) may be negative if current liabilities (CL) exceed current assets (CA). If this occurs, … Read more