Receivable Quotes
While we do not like to 'react' to information, given where Xerox has opened - we just do not believe there is much upside... ...We are also particularly concerned about an 'unexpected' receivables problem in Mexico that should hit EPS this quarter by up to 6 cents per share. This development calls into question management's systems and controls.
- Benjamin Reitzes
We found some unexpected problems related to our customer receivables in Mexico, which we announced two weeks ago, and we have launched our own thorough internal investigation. We are fully cooperating with the SEC and will be in a position to provide more information when we release second-quarter earnings.
- Christa Carone
Robert, my son and I do sales. Cathy is in charge of ordering supplies, accounts payable and accounts receivable, payroll, and keeping track of workers compensation certificates on all subcontractors. Barb schedules all the different stages of the job, applies for permits, and calls in all inspections. We all work pretty well together.
- Terry Turner
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