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Address one of the following: a)Why would a company want to sell or use accounts receivables to borrow money?Do you think it's a good idea?
Addressoneof the following:
a)Why would a company want to sell or use accounts receivables to borrow money?Do you think it's a good idea?
b)What's the primary difference between a sale of accounts receivable versus secured borrowing?
c)Why do firms offer cash discounts?What are the methods for accounting for cash discounts?(provide some details)
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