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Replies to post #154121 on Verus International Inc (VRUS)

Replies to #154121 on Verus International Inc (VRUS)
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Shinook99

05/03/20 4:16 PM

#154128 RE: Nestegg McMuffin #154121

That’s why they have no allowance for bad debt. Totally explains it
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Estate1

05/03/20 4:46 PM

#154129 RE: Nestegg McMuffin #154121

-Accounts receivable are an iron clad asset due to Euler Hermes receivable insurance. Sweet!! Thanks for that reminder Nest!
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shots60

05/03/20 7:26 PM

#154139 RE: Nestegg McMuffin #154121

You are correct. I deal with several vendors that are insured by them to a certain limit depending on the account. They are the largest I believe in the industry.

Thanks!!!