_________ When a fi rm sells its accounts receivable to raise short-term cash, it is engaging in

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_________ When a fi rm sells its accounts receivable to raise short-term cash, it is engaging in a strategy called

a. factoring.

b. fi nancial planning.

c. equity fi nancing

d. debt fi nancing.

e. drafting.

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Foundations Of Business

ISBN: 9781111580155

3rd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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