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jb55

03/29/11 9:35 AM

#20662 RE: snowdog222 #20661

Good analysis. My question, What got credited when other assets was debited?
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madwop26

03/29/11 9:36 AM

#20663 RE: snowdog222 #20661

I never said the ratio was 1 to 1, that was another guy. I was just asking because I was too lazy to do the math myself>
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madwop26

03/29/11 9:39 AM

#20665 RE: snowdog222 #20661

The 5 million in other assets could be many things. Uncollected account portfolios, pending software sales. But most likely the collection accounts. In collections you use the entire portfolio as an asset. I am just guessing though.