For shareholders, it means a decreased probability of bankruptcy in the event of an economic downturn. A company with a higher ratio than its industry average, therefore, may have difficulty securing additional funding from either source. While taking on debt can lead to higher returns in the short term, it …

Here’s an example accounts payable aging schedule for the fictional company XYZ Inc. According to Generally Accepted Accounting Principles (GAAP), accounts payable are supposed to be current liabilities, i.e. liabilities that you plan to pay back within a year. For example, if a restaurant owes money to a food or …

Our solutions are results oriented as we partner with our clients to address their entire revenue cycle. FCOA has the expertise, resources and ability to successfully provide a fully integrated account receivables solution. Besides cost savings and access to specialized expertise, many businesses also outsource to save management time. Exceptional …