What are the trade receivables and information asymmetries?
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Trade receivables are amounts billed by a business to its customers when it delivers goods or services to them in the ordinary course of business. These billings are typically documented on formal invoices, which are summarized in an accounts receivable aging report.
2)Information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other.
2)Information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other.
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