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QUESTION 45 Floyd Company sold $46,500 of ts accounts receivable without recourse The factor wereld $4,500 as protection w the factor colects the receivables,

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QUESTION 45 Floyd Company sold $46,500 of ts accounts receivable without recourse The factor wereld $4,500 as protection w the factor colects the receivables, will rent to Floyd the withheld amourt les france charge recognized on the sale? O 3040 O $950 $1,620 O $1,710 QUESTION 46 The purpose of assigning accounts receivable is to O Satisfy a court order O Complete the legal prerequisites to record their sale O Comply with form and content rules of bankruptcy proceedings O Provide collateral for a loan Sea tame

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