Help me think this out if you guys don't mind.. I
Post# of 36728
Posted On: 08/14/2013 10:39:12 PM
Re: Agent 0001 #3564
Help me think this out if you guys don't mind.. I was more a liberal arts guy than an accounting major.
Officially they took over with 2 weeks left in q1. There were the famous $30mil+ PRs then they show $5mil in revenue (for those last 2 weeks) and zero collected in cash. Totally understandable given the timeframe.
So now we go to q2... How much of that $30-40mil could they bill and collect in q2 (aka revenue) and how much of the original $5mil could they collect?
In addition, given "acquisitions" etc, did they use some cash on hand?
That's a long way to say, I have no idea.
Officially they took over with 2 weeks left in q1. There were the famous $30mil+ PRs then they show $5mil in revenue (for those last 2 weeks) and zero collected in cash. Totally understandable given the timeframe.
So now we go to q2... How much of that $30-40mil could they bill and collect in q2 (aka revenue) and how much of the original $5mil could they collect?
In addition, given "acquisitions" etc, did they use some cash on hand?
That's a long way to say, I have no idea.
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