Month: July 2021

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Trading Ideas

What is Accounts Receivable (AR)?

July 14, 2021 admin Comments Off on What is Accounts Receivable (AR)?

The purpose of a business is to make money. That means selling products or services to bring in revenue. These positive cash inflows are part of accounts receivable. What is accounts receivable (AR)? In a nutshell, it’s the sum of outstanding debts owed to the business by its customers. It’s a subset of a company’s working capital, classified as a current asset on the balance sheet. In simpler terms: it’s the promise of future realized cash.
Accounts receivable is a major indicator for a company’s cash flow. It offsets accounts payable, which are the debts a company owes. A strong presence …read more […]

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Stripe IPO: Top U.S. Startup Takes First Step Toward Going Public

July 14, 2021 admin Comments Off on Stripe IPO: Top U.S. Startup Takes First Step Toward Going Public

The Stripe IPO is one of the most anticipated Wall Street debuts of 2021. The fintech company is the highest valued unicorn in America. The rumored IPO could be bigger than others such as Coinbase, Instacart and Roblox.
So, what’s the latest news on the anticipated Stripe IPO? Here’s what we know…
Stripe IPO: The Business

Irish brothers Patrick and John Collison established Stripe in 2011. The brothers left Ireland to study at Harvard University and Massachusetts Institute of Technology (MIT). In the following years, the two dropped out, moved to California and founded Stripe.
The company is dual-headquartered in San Francisco, U.S. and …read more […]