This phenomenon was determined by particularity of producing and selling,turnover velocity of receivable account and stock-in-trade,cashability of receivable account and the amount of payable account.
By keeping statistical records about policy-holders, Prudential was able to calculate accurate premium rates and improve the benefits payable on policies.
Elizabeth David writes of early importers desperately pleading with port authorities about the amount of duty payable on a cargo that was visibly diminishing in size.
And we also abolished payable tax credits on dividends, removing a distortion that encouraged companies to pay out dividends rather than to retain them for investment.