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Simple English definitions for legal terms

bad-debt loss ratio

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A quick definition of bad-debt loss ratio:

Bad-Debt Loss Ratio: The bad-debt loss ratio is a measure of how much money a business cannot collect from its customers compared to the total amount of money owed to the business. It helps businesses understand how much money they are losing due to customers not paying their bills.

A more thorough explanation:

Definition: The bad-debt loss ratio is a financial metric that measures the percentage of uncollectible debt to a business's total receivables. It is calculated by dividing the amount of bad debt by the total amount of accounts receivable.

Example: Let's say a company has $100,000 in accounts receivable, but $5,000 of that is considered bad debt that is unlikely to be collected. The bad-debt loss ratio would be 5%, calculated as follows:

Bad-Debt Loss Ratio = (Bad Debt / Total Accounts Receivable) x 100%

Bad-Debt Loss Ratio = ($5,000 / $100,000) x 100%

Bad-Debt Loss Ratio = 5%

This means that for every dollar the company is owed, it can expect to lose 5 cents due to bad debt.

Explanation: The bad-debt loss ratio is an important metric for businesses to track because it helps them understand how much of their accounts receivable they are likely to collect. A high bad-debt loss ratio can indicate that a company needs to improve its credit policies or collection procedures. On the other hand, a low bad-debt loss ratio can indicate that a company has effective credit policies and collection procedures in place.

bad-conduct discharge | bad-debt reserve

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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