Explain the function of a factor in working capital management.

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 10:21 AM

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Explain the function of a factor in working capital management.

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A factor acts as an independent credit department outside of a firm by checking credit ...View the full answer

Introduction To Corporate Finance

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