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One disadvantage of using accounts receivable as collateral for borrowing money is a. there is a cost involved as interest will be charged on the
One disadvantage of using accounts receivable as collateral for borrowing money is
a. there is a cost involved as interest will be charged on the loan.
b. there is more risk involved than using a line of credit.
c. accounts receivable must be collected in order to make payments on the loan.
d. accounts receivable cannot be carried past the due date.
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