The S&P/ASX 300 (XKO) provides exposure to Australia’s large, mid and small-cap equities. It consists of all S&P/ASX 200 companies along with 100 smaller-cap companies that have market capitalisations’ above ~AU$100 million. The combined market capitalisation represents ~85% (March 2017) of Australia’s share market. S&P/ASX 200 offers optimum diversification.
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Accounts Receivable (AR) is simple terms is the amount due to a firm/company for the goods sold on credit. Businesses sell goods on credit, and cash is realised after the credit period. The goods on the retailer’s range are usually bought on credit from distributors, who in turn buy on credit from manufacturers or suppliers
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