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Imagine that you are the treasurer of your organization, and the company is in need of cash; unfortunately, the company is unable to secure a
Imagine that you are the treasurer of your organization, and the company is in need of cash; unfortunately, the company is unable to secure a loan from the bank. Suggest at least two (2) ways in which the company can obtain the needed cash. Compare and contrast secured borrowing and sale of receivables. Also, recommend one (1) of the methods that the company should use in order to obtain cash. Provide an explanation to support the method that you have selected.
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