LO7 Inga, an attorney, completed a job for a client in November 2010. If she bills the
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LO7 Inga, an attorney, completed a job for a client in November 2010. If she bills the client immediately, she will receive her $10,000 fee before the end of the year. By delaying the billing for a month, she will not receive the $10,000 until 2011. What factors should Inga consider in deciding whether she should delay sending the bill to the client?
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Related Book For
Concepts In Federal Taxation 2011
ISBN: 9780538467926
18th Edition
Authors: Kevin E. Murphy, Mark Higgins
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