OTHER EXPENSES/(INCOME) Definition

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OTHER EXPENSES/(INCOME) includes: miscellaneous other income and expenses (net), such as interest expense, miscellaneous expenses not included in general and administrative expenses, netted against recoveries, interest income, dividends received and miscellaneous income.

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INVENTORY LOAN is a loan that is extended based upon the, usually, discounted / factored value of a business inventory.

ASRB is Accounting Standards Review Board.

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