Question
Accounts receivable may be used as a source of financing by pledging the receivables as loan collateral. factoring the receivables to a finance company. selling
Accounts receivable may be used as a source of financing by
pledging the receivables as loan collateral. | |
factoring the receivables to a finance company. | |
selling securities backed by the receivables. | |
all of these. |
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Basic Finance An Introduction to Financial Institutions, Investments and Management
Authors: Herbert B. Mayo
11th Edition
1285425790, 1285425795, 9781305464988 , 978-1285425795
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