TRADE RECEIVABLES (NET) Definition

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TRADE RECEIVABLES (NET) are all accounts from trade, net of allowance for doubtful accounts.

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PRICE MIX is the value of the product determined by the producers. Price mix includes the decisions as to: Price level to be adopted; discount to be offered; and, terms of credit to be allowed to customers.

BASIS, INVESTMENT, is the cost or book value of an investment. The gain or loss on an investment is the sale price less the basis. Basis is often called "cost basis."

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