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Face value of the receivables is 260,000 TL. The firm factors the receivables and uses discount method. Interest is 13.000 TL. There is 5 %

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Face value of the receivables is 260,000 TL. The firm factors the receivables and uses discount method. Interest is 13.000 TL. There is 5 % tax on interest. Factoring firm charges 1.2 9 fee. How much money does the firm receive? Select one: a. 243.230 b. 205,343 6 198.765 d. 232.516

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