=+vA6-2 The following is an excerpt from a conversation between the office manager, Santiago Surillo, Collecting accounts

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=+vA6-2 The following is an excerpt from a conversation between the office manager, Santiago Surillo, Collecting accounts and the president ofLighthouse Construction Supplies Co., Blanca Espinosa. Lighthouse sells receivable building supplies to local contractors.

Santiago: Blanca, were going to have to do something about these overdue accounts receivable.

One-third of our accounts are over 60 days past due, and I’ve had accounts that have stayed open for almost a year!

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