3 ms·
The financial statements of these companies boggle my mind sometimes. In addition to Google's, I saw this bit on Microsoft's today: > Accounts receivable, net
by Analemma_ 10y ago
The financial statements of these companies boggle my mind sometimes. In addition to Google's, I saw this bit on Microsoft's today:
> Accounts receivable, net of allowance for doubtful accounts of $426 and $335
What they're saying is, that's $426 million dollars they're owed that they expect to not get, because of defaults and deadbeat customers. And it's just a line item!