We've given GEICO an Affordability Rating of 4 out of 5 stars. This means that the premiums you will pay on GEICO's auto insurance policies are a bit more affordable than premiums on competitor car insurance policies. Estimated Monthly Premium vs. Average
Accounts receivable. Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the cus
The price paid for the receivables is discounted from their face amount to take into account the likelihood of uncollectibility of some of the receivables. Factoring is a technique used by companies to manage their accounts receivable and provide financing.