Pledging receivables will get you about _____ of the amount that can be collected,where as,factoring can get you _____ percent of the amount due.
A)one-fourth;90-95
B)one-fifth;40-45
C)one-half;75-80
D)three-fourth;20-25

Question

Quizplus · Accepted Answer

Pledging receivables typically allows a business to borrow about 50% (one-half) of the receivables' value, while factoring can provide 75-80% of the amount due, as the factor purchases the receivables and assumes the risk of collection.

Pledging Receivables Will Get You About _____ of the Amount