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QTRADERQ

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QTRADERQ

Re: trader59 post# 7597

Friday, 07/22/2022 4:41:47 PM

Friday, July 22, 2022 4:41:47 PM

Post# of 10167
One of the principles of GAAP Accounting is "conservativism". Had the company booked an 'Allowance for Doubtful Accounts' against those receivables, then I might agree with you. As it stands now, all of the receivables are collectible according to their CPA audit firm.

... and "YES", I am a retired CPA.

JMO

My posts are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor.

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