Which of the following is an advantage of factoring?
A) accounts receivable immediately turned into cash
B) addition of credit and collection departments
C) less costly form of secured short-term loans
D) improves current ratio
Correct Answer:
Verified
Q142: The percentage advanced by a lender constitutes
Q143: Factoring accounts receivable is relatively an expensive
Q144: Factoring accounts receivable is relatively an expensive
Q145: Pledges of accounts receivable are made on
Q146: Which of the following is a disadvantage
Q148: Collateral is typically required for a _.
A)
Q149: Which of the following creates a secured
Q150: The stated cost of a pledge of
Q151: The primary source of secured short-term loans
Q152: A _ agreement normally states the exact
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