Posted On: 08/26/2014 6:09:27 PM
Post# of 17862
Beliceno, it doesn't look like any revenues from logging yet. But they did record over 2 million dollars of interest income. Here is a definition of interest income:
The term that companies use on their income statement for reporting the interest earned on cash temporarily held in savings accounts, certificates of deposits, or other investments. Because the interest wasn't part of the original investment, they record it separately, as interest income.
Read more: http://www.investorwords.com/6844/interest_in...z3BXRzaEXC
The term that companies use on their income statement for reporting the interest earned on cash temporarily held in savings accounts, certificates of deposits, or other investments. Because the interest wasn't part of the original investment, they record it separately, as interest income.
Read more: http://www.investorwords.com/6844/interest_in...z3BXRzaEXC
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