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Dab Company provides 1,200,000 of its account receivables to investment bank for notes 600,000 on 1/10/2020. The investment bank collected 2.5 as bank financing charges

Dab Company provides 1,200,000 of its account receivables to investment bank for notes 600,000 on 1/10/2020. The investment bank collected 2.5 as bank financing charges and 8% interest on notes. Payme...

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