Thanks for all of that, HJ. But the money still has to go into an account somewhere. It doesn't just float around in the ether being "accounts receivable.
HPPOA has bank accounts with B of H. (HPPOA also has CDs, but accounts receivable isn't thrown into a CD.) Even if the interest percentage is small on the B of H accounts, it is still interest. So any money sitting in those accounts and 3 plus million is a good sum, and it will accrue interest the longer it sits there.
Thanks, Punatang. I truly appreciate you taking the time to comment and actually be NICE, regardless of whether you agree with me or not.
HPPOA has bank accounts with B of H. (HPPOA also has CDs, but accounts receivable isn't thrown into a CD.) Even if the interest percentage is small on the B of H accounts, it is still interest. So any money sitting in those accounts and 3 plus million is a good sum, and it will accrue interest the longer it sits there.
Thanks, Punatang. I truly appreciate you taking the time to comment and actually be NICE, regardless of whether you agree with me or not.