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Simple Ltd has an immediate need to raise additional funds as a large percentage of trade debtors are outstanding well in excess of the 30-day
Simple Ltd has an immediate need to raise additional funds as a large percentage of trade debtors are outstanding well in excess of the 30-day credit terms. Which of the following alternatives are all appropriate methods of finance that the company can undertake?
Select one:
A.
bills of exchange, promissory notes, factoring
B.
bills of exchange, factoring, debentures
C.
unsecured notes, factoring, fully drawn advance
D.
fully drawn advance, overdraft, project finance
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